SpaceX says it has agreement to acquire Cursor for $60B

Last day for me using Cursor at work, I prefer to move to Codex and Claude Code that touch anything related to Elon.

Welp this just removes them if they get bought (and likely also if they coordinate even more with an Elon company) from my list of tools I’ll use.

Crazy a fork of vscode is worth 60B. What’s vscode worth to Microsoft? 200B?

>acquire Cursor later this year for $60 billion or pay $10 billion for our work together.

This seems like an elaborate Elon rug pull. A Windsurf situation 2.0

I guess it makes more sense than shoe brands pivoting to GPU provider.

Spacex already owns Twitter and xai, trying to post-rationalize with justification like they have servers doesn't make a whole lot of sense. It's all accounting at this point.

is this just to drive up the buy price for others while having no intention of buying it themselves?

You can hate Elon or just be misguided about deals in general. This is brilliant. He’s buying revenue and, on the thesis of scaling agentic knowledge work replacement, a user of his GPU clusters and ultimately GPUs in space. A $60B option is a premium on their revenue - but it may look cheap if he accelerates their coding models. For Cursor, they get what’s nearly impossible to come by - real capacity guarantees and de-risking their reliance on Anthropic or OpenAI.

Laugh all you want. He may have the last laugh on this one.

It looks like this is just an "option" to acquire Cursor at that price? Implying they only plan to exercise the option under certain conditions (such as, one might presume, Cursor actually being worth that much. As right now it definitely isn't.)

I’m no fan of Elon Musk, but even from a neutral perspective I’m bewildered by the merger between X, X.ai, and SpaceX and now this acquisition of Cursor. What’s the endgame? How does this help with the whole vision of “we all live in space and mine resources from the Moon and have data centers on Mars”?

SpaceX is going to have an AI coding "oops" in space.

Guardian Link:

https://www.theguardian.com/technology/2026/apr/21/spacex-cu...

https://archive.is/gbdJ8

0 to $60B in less than 4 years ... impressive!

Hard to know whether development will remain an activity that lives on a local machine for much longer.

This could be a lot of money to spend to acquire users that may not be sticky.

I think this is great and helps x.ai building Grok Code and Grok Computer.

It is good to have more competition in this area.

So there aren’t just 2 big players which also have their ideological flaws.

I wonder if they are actually 'acquiring' some of the existing contracts between Cursor and X/Y/Z rather than the product itself.

Why SpaceX and not xAI?

some plausible analysis here on motivations https://x.com/0xrwu/status/2046721359263285478

Makes sense. Cursor is extremely overhyped as well.

If I stop paying for Cursor, will they threaten to sue like Twitter does?

I really don't think Cursor is going to be acquired for $60 billion. That price is absolutely absurd. I agree their harness is excellent, but it's hard to argue they have an overwhelming competitive advantage over rivals like Claude Code and Codex, or open-source alternatives like OpenCode. What's left then is Cursor's data, talent, and user base — but even accounting for all of that, the price is still ridiculous.

I've personally watched a lot of developers around me (myself included) who were enthusiastic Cursor users when it first launched gradually migrate over to Claude Code and Codex. And I don't think this is just happening in my bubble.

My guess is this is some kind of strategic play ahead of SpaceX's upcoming IPO — an attempt to get a higher valuation stamped on the company. But I'll say it again: $60 billion is absolutely absurd.

You sour pusses are wrong. This is a smart move that amplifies a brilliant team from cursor with serious compute, raising the odds Elon can get to the frontier, which is worth so much these numbers will all look like a drop in the bucket.

What are the implications of this for Cursor being model agnostic?

SpaceX, xAI, Collosus data centers, next space compute, X, Starlink and soon Cursor to join 2, 3 & 4 together?

60B for Composer 2…that is built from Kimi K2… what ever happened to “Grok being the best”?

every wrapper either gets acquired or stays long enough to be a zombie startup

You sour pusses are wrong. This is a smart move. Cursor has a brilliant, capable team with serious model chops who will be able to boost the odds of AGI success. They also come with a revenue generating machine.

Don't see how this works out financially.

my only gripe rn is grok is still a shitty model to use. yeh it scores nearby openai and anthropic on benchmarks, but my personal experience has been underwhelming

If Twitter was when Musk jumped the shark this is definitely him sticking the landing.

Well I am glad I built my own IDE now so I can switch off of cursor and don’t have to participate in training the model of an aspiring monopoly.

DM me if you want an invite. I am keeping it to a small on purpose.

ITT: The same geniuses that predicted with certainty X will fail are also predicting, with much less certainty, that "Oh God, let this be the end of Musk"

Is this Cursor the product? Or AnySphere the company?

cursor was interesting about a year ago

reading this thread, I seem to be the only cursor user on earth on the free tier using tab-completes.

Time to switch

$60 billion with a B???

SpaceX’s announcement (non paywalled):

https://x.com/spacex/status/2046713419978453374

RIP Cursor.

but What exactly is SpaceX doing in the AI Space (Pun Intended) and Why?

these are weird times...

Looking forward to seeing where this goes, both companies have a reputation for engineering excellence.

Misleading title on the post - SpaceX has the OPTION to buy them for $60B later this year, or pay $10B for their work together.

these valuations are total madness

Complete waste of $60B. It's just a prompt+tools. This is how you destroy SpaceX from the inside.

I am so actually beyond sad that I ever trusted Musk, all the signs were there, from the lies with Tesla to the nonesensical point to point "tourist" lies, to the Mars lies, to the fact that the spaceship they are developing right now requires an actual elevator to get astronauts down, it was never meant for humans, it was meant to deploy sats in space even cheaper, outcompete the competition and basically kill human spaceflight as a result... because less profitable human rated spacecraft won't be viable.

Oh yeah, did I mention how Starlink is literally already in the close to Kessler Syndrome territory? all it would need is for a strong enough solar storm to hit their sats.

So I won’t use stuff by Elon Musk, what is the next best alternative please

A text editor?

xAI is working on virtualizing white collar workers. I'm guessing this is part of that.

See also: companies buying up the Slack and email archives of defunct startups, for training data.

See also:

https://www.reuters.com/technology/spacex-says-it-has-option...

Personally, I have been granted the option to buy Tesla for $30 trillion by the end of this year or pay $500 billion for a partnership. It'll all happen, I swear.

I really don't know what Elon is thinking here because SpaceX's IPO is already precarious, for several reasons:

1. It was used to rescue himself and key investors from overpaying for Twitter, which was first rescued through xAI (and I don't know why anyone thought investing in xAI was a good idea but here we are). If our regulators weren't defanged, this deal would've gotten alot more scrutiny (IMHO). Whatever the case, this is all diluting the SpaceX business for overpriced AI vaporware;

2. From what I can find, SpaceX's revenue in 2025 was ~$18B with a $5B loss. That doesn't sound like a $1.5T+ company to me;

3. The markets are being rigged to make the IPO a success by changing the rules to force passive funds to buy into it with a tiny float (5% instead of the normal 25%); and

4. Here's the big one. I think Starship is a badly designed program that's going to take many billions more to complete and commercialize. There's not really a market for bigger payloads (evidence: ~1 Falcony Heavy launch per year) and STarship will effectively have to compete with Falcon 9 at a time when reusable alternatives (eg from the Chinese as well as Blue Origin) are coming to market.