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SpaceX buys AI coding startup Cursor for $60 billion

Fast Company Tech Associated Press June 16, 2026
SpaceX buys AI coding startup Cursor for $60 billion
AI Summary— plain English for professionals

# SpaceX Buys AI Coding Software for $60 Billion SpaceX is acquiring Cursor, a popular software tool that helps programmers write code faster using artificial intelligence, in a deal expected to close later this year. The purchase gives SpaceX access to millions of professional software engineers who already use Cursor, potentially expanding the company's influence in the AI market as it competes with rivals like OpenAI and Anthropic. Cursor will operate as a separate company owned by SpaceX but powered by SpaceX's own AI technology and computing infrastructure.

SpaceX will move forward with its $60 billion acquisition of artificial intelligence startup Cursor as Elon Musk‘s space exploration and AI company seeks a competitive edge against rivals Anthropic and OpenAI after its Wall Street debut last week. SpaceX said in April that it had the rights to bu

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