SpaceX completes its $60 billion acquisition of AI coding startup Cursor, according to multiple reports. The deal closes on Friday and SpaceX confirms completion through a regulatory filing, marking the end of a process that began with earlier filings and an expected third-quarter timeline.
The acquisition is presented as part of Elon Musk’s broader push to compete with major AI players, including Anthropic and OpenAI. Bloomberg reports the transaction as a key move in that effort, while Business Insider adds that the companies were already working together before the formal close—sharing compute resources and training data. The Next Web notes that SpaceX’s earlier communications included a plan to complete the transaction subject to regulatory approval, which now appears to have been granted.
Across outlets, the focus is on the deal’s size, the timing of the closure, and how operational collaboration may already be underway. Details on specific product integration or commercial plans are not fully covered, but reporting consistently links the close to previously announced filings and ongoing coordination between SpaceX and Cursor.