SpaceX secures option to buy AI coding startup Cursor for $60B - TNW
SpaceX has secured an option to acquire Cursor for $60B or pay $10B for joint AI coding work with xAI’s Colossus.
thenextweb.comHere’s the latest I can share based on current public reporting:
- SpaceX has reportedly secured an option to acquire Cursor for about $60 billion, with an alternative arrangement of a $10 billion collaboration if the option isn’t exercised. This structure was described in recent coverage and indicates SpaceX could pursue full acquisition or pursue joint AI development instead.[2]
- Multiple outlets have described the arrangement as an option rather than a completed deal, noting that the decision to exercise the option would depend on progress of joint AI work and other factors through the end of 2026.[2]
- Separate reports in late 2025 and 2026 have covered Cursor’s broader activity, including acquisitions and fundraising, but the SpaceX-Cursor option remains the most prominent “latest news” item tied to Cursor as of now.[3][7][2]
If you’d like, I can pull more precise, up-to-date sources or summarize how analysts are interpreting this option along with potential implications for Cursor, SpaceX, and the broader AI coding tools market. I can also prepare a quick timeline of events and a simple pros/cons table.