SpaceX cuts a deal to maybe buy Cursor for $60 billion

April 21, 2026 Richard Lawler

Photo of rocket launch with SpaceX logo.

With an IPO looming for Elon Musk's SpaceX / xAI / X combo platter of companies, SpaceX has announced an odd arrangement to either acquire the automated programming platform Cursor for $60 billion or pay a fee of $10 billion. Buying this startup that's focused on AI coding could help xAI's tools compete with market leader Anthropic, as well as the other competitors. A report by The Information this week said Sergey Brin has directed Google's "strike team" to help its agentic AI tools catch up, while Sam Altman reportedly declared a "code red" at OpenAI last year before shutting down Sora to focus on the ChatGPT superapp and its own Codex too …

Read the full story at The Verge.

No Previous Articles

Next Article
We translated the Palantir manifesto for actual human beings
We translated the Palantir manifesto for actual human beings

Palantir CEO Alex Karp is a man in charge of one of the most important and frightening companies in the wor...