Elon Musk’s SpaceX has officially completed its acquisition of Cursor, the AI-powered coding assistant, the company recently confirmed. The deal follows an April agreement that gave SpaceX the option to acquire Cursor for $60 billion, according to reports by several media outlets.
In a statement posted on its blog, Cursor said the acquisition completes a process that began with the earlier partnership, in which the two companies agreed to work together on model training. Cursor said that becoming part of SpaceX gives it access to what it described as “the largest fleet of GPUs in the world,” a move it says will allow it to build stronger AI models at lower cost.
“SpaceX is building the computing capacity needed to scale intelligence far beyond what exists today,” the company wrote. “Cursor will be one place where that intelligence becomes useful.”
The acquisition brings Cursor under the umbrella of SpaceX, which earlier this year also absorbed xAI, the artificial intelligence company founded by Elon Musk. SpaceX went on to become a public company in the months following the xAI deal. Its computing infrastructure has been made available to outside customers, including AI firms Anthropic and Google, according to TechCrunch.
Cursor pointed to its recent release of Grok 4.6 as an early example of what the combined companies can produce. The model launched on Wednesday, just before the acquisition announcement on Thursday.
Founded as a tool that helped developers complete a few lines of code, Cursor has since expanded into a system that the company says can function as an AI teammate capable of handling larger tasks. It said the acquisition would not change its core focus. “We still want to help people with ambitious ideas spend less time writing code and more time solving harder problems,” the company said in its statement.
The deal is the latest in a series of high-value acquisitions in the AI coding sector as major computing providers move to integrate developer tools with their infrastructure businesses.