SpaceX officially closes its Cursor acquisition
AI coding startup Cursor is now officially a part of SpaceX.
On April 4th, Elon Musk's SpaceX announced a deal to acquire AI coding startup Cursor, with the option to purchase the company for $60 billion. Two months later, as SpaceX transitioned to being a public entity, the two companies confirmed the acquisition was moving forward. Cursor highlighted SpaceX's extensive computing infrastructure, which the startup could leverage as part of the merger.
This infrastructure includes a vast array of GPUs, which SpaceX rents out to clients like Anthropic and Google. By becoming an integral part of SpaceX, Cursor will gain access to this extensive computational power. SpaceX's CEO emphasized that the company aims to "build the computing capacity needed to scale intelligence far beyond what exists today."
He added that Cursor will serve as a key location where this intelligence can be applied effectively.
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