SpaceX Acquires Cursor AI for $60B: Building Space Data Centers

SpaceX has acquired the AI company Cursor for $60 billion. This information comes from an 8-K filing with the Securities and Exchange Commission. SpaceX had been collaborating with Cursor to enhance its artificial intelligence capabilities. Initially, they had two options: either acquire Cursor for $60 billion or pay $10 billion for their collaborative work. After a six-week evaluation, SpaceX decided to proceed with the acquisition. This move follows SpaceX's earlier acquisition of xAI, which was intended to amplify its AI compute and build AI data centers in space. The company stated that acquiring xAI wasn't enough for its AI needs. Cursor is known for its work on the coding and software side of AI. The merger agreement was entered into on June 16, 2026, and is expected to close during the third quarter of 2026. This acquisition signals SpaceX's significant investment in expanding its AI infrastructure and capabilities.