{"id":12387,"date":"2026-04-22T13:36:18","date_gmt":"2026-04-22T13:36:18","guid":{"rendered":"https:\/\/www.europesays.com\/ai\/12387\/"},"modified":"2026-04-22T13:36:18","modified_gmt":"2026-04-22T13:36:18","slug":"spacex-secures-option-to-buy-ai-coding-startup-cursor-for-60-billion","status":"publish","type":"post","link":"https:\/\/www.europesays.com\/ai\/12387\/","title":{"rendered":"SpaceX secures option to buy AI coding startup Cursor for $60-billion"},"content":{"rendered":"<p class=\"c-article-body__text text-pr-5\">SpaceX said it has secured an option to either acquire code-generation startup Cursor for US$60-billion later this year, or pay US$10-billion for their new partnership, as it pushes deeper into the lucrative market for AI developer tools.<\/p>\n<p class=\"c-article-body__text text-pr-5\">Along with OpenAI and Anthropic, Cursor is one of several Silicon Valley startups that have drawn waves of developers by using <a href=\"https:\/\/www.theglobeandmail.com\/topics\/artificial-intelligence\/\" target=\"_self\" rel=\"nofollow noopener\" title=\"https:\/\/www.theglobeandmail.com\/topics\/artificial-intelligence\/\">artificial intelligence<\/a> to automate coding, a business where AI companies have found early commercial traction.<\/p>\n<p class=\"c-article-body__text text-pr-5\">The deal could give xAI, the Grok chatbot maker that SpaceX merged with in February, a stronger foothold in the AI coding market where it has so far lagged rivals. It also provides Cursor with more computing capacity to develop AI models.<\/p>\n<p class=\"c-article-body__text text-pr-5\">\u201cThe combination of Cursor\u2019s leading product and distribution to expert software engineers with SpaceX\u2019s million H100 equivalent Colossus training supercomputer will allow us to build the world\u2019s most useful models,\u201d SpaceX said in an X post on Tuesday.<\/p>\n<p class=\"c-article-body__text mv-16 l-inset text-pb-8\" data-sophi-feature=\"interstitial\"><a href=\"https:\/\/www.theglobeandmail.com\/business\/technology\/article-elon-musk-merges-spacex-with-xai\/\" rel=\"nofollow noopener\" target=\"_blank\">Elon Musk merges SpaceX with xAI in record-setting deal valuing new company at $1.25-trillion<\/a><\/p>\n<p class=\"c-article-body__text text-pr-5\">Colossus is xAI\u2019s supercomputer cluster in Memphis, which it has touted as the largest in the world. The company has been spending billions of dollars on AI infrastructure.<\/p>\n<p class=\"c-article-body__text text-pr-5\">The announcement comes ahead of SpaceX\u2019s highly anticipated public debut in the coming months, with the company eyeing a valuation of close to US$1.75-trillion and a US$75-billion fundraise that could go down as the biggest IPO in history.<\/p>\n<p class=\"c-article-body__text text-pr-5\">Two product engineering heads at Cursor, a startup that sells AI models for coding tasks, said in March they joined SpaceX to contribute to the company\u2019s lunar projects and xAI, Musk\u2019s AI startup that is now part of SpaceX.<\/p>\n<p class=\"c-article-body__text text-pr-5\">Musk welcomed the engineers, Andrew Milich and Jason Ginsberg, saying, \u201cOrbital space centers and mass drivers on the Moon will be incredible.\u201d <\/p>\n","protected":false},"excerpt":{"rendered":"SpaceX said it has secured an option to either acquire code-generation startup Cursor for US$60-billion later this year,&hellip;\n","protected":false},"author":2,"featured_media":12388,"comment_status":"","ping_status":"","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[10],"tags":[1262,1249,1263,1242,1240,1264,1261,1239,1255,1256,1252,1241,1238,980,76,88,1254,1248,1275,1243,1244,597,1250,1251,774,1265,1247,1270,1271,1273,1268,1272,1266,1269,1245,1258,1259,464,1257,1267,915,134,1260,1253,465,1246,2899,1274],"class_list":{"0":"post-12387","1":"post","2":"type-post","3":"status-publish","4":"format-standard","5":"has-post-thumbnail","7":"category-xai","8":"tag-alberta","9":"tag-arts-news","10":"tag-bc","11":"tag-breaking-news","12":"tag-breaking-news-video","13":"tag-british-columbia","14":"tag-canada","15":"tag-canada-news","16":"tag-canada-sports","17":"tag-canada-sports-news","18":"tag-canada-trafficcanada-weather","19":"tag-canadian-breaking-news","20":"tag-canadian-news","21":"tag-economy","22":"tag-education","23":"tag-environment","24":"tag-federal-government","25":"tag-foreign-news","26":"tag-globe-and-mail","27":"tag-globe-and-mail-breaking-news","28":"tag-globe-and-mail-canada-news","29":"tag-government","30":"tag-life-news","31":"tag-lifestyle","32":"tag-local-news","33":"tag-manitoba","34":"tag-national-news","35":"tag-new-brunswick","36":"tag-newfoundland-and-labrador","37":"tag-northwest-territories","38":"tag-nova-scotia","39":"tag-nunavut","40":"tag-ontario","41":"tag-pei","42":"tag-photos","43":"tag-political-news","44":"tag-political-opinion","45":"tag-politics","46":"tag-politics-news","47":"tag-quebec","48":"tag-sports-news","49":"tag-technology","50":"tag-travel","51":"tag-trudeau","52":"tag-us-news","53":"tag-world-news","54":"tag-xai","55":"tag-yukon"},"_links":{"self":[{"href":"https:\/\/www.europesays.com\/ai\/wp-json\/wp\/v2\/posts\/12387","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.europesays.com\/ai\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.europesays.com\/ai\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.europesays.com\/ai\/wp-json\/wp\/v2\/users\/2"}],"replies":[{"embeddable":true,"href":"https:\/\/www.europesays.com\/ai\/wp-json\/wp\/v2\/comments?post=12387"}],"version-history":[{"count":0,"href":"https:\/\/www.europesays.com\/ai\/wp-json\/wp\/v2\/posts\/12387\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.europesays.com\/ai\/wp-json\/wp\/v2\/media\/12388"}],"wp:attachment":[{"href":"https:\/\/www.europesays.com\/ai\/wp-json\/wp\/v2\/media?parent=12387"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.europesays.com\/ai\/wp-json\/wp\/v2\/categories?post=12387"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.europesays.com\/ai\/wp-json\/wp\/v2\/tags?post=12387"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}