SpaceX Acquires AI Coding Startup Cursor in Record Deal Worth Up to $60 Billion

SpaceX, owned by billionaire Elon Musk, announced on Tuesday, April 22, 2026, the signing of an acquisition agreement with Cursor, an emerging company in AI-assisted programming, in a deal that could reach $60 billion. This transaction ranks among the largest acquisitions in technology sector history and comes within SpaceX's strategy to expand into artificial intelligence and advanced programming fields.

The company clarified that the deal also includes an alternative option involving a $10 billion payment for ongoing joint cooperation between the two parties under the "SpaceXAI" project. This deal caused widespread stir in technology financial markets, as reports indicated that Cursor was conducting talks to raise $2 billion in funding including prominent investors such as Andreessen Horowitz, Nvidia, and Thrive Capital.

Industry experts view this move as a major strategic shift in the AI race, as SpaceX seeks to close the gap with competitors like OpenAI, Codex, and Anthropic. The company is focusing on building AI systems specialized in engineering work and complex technical decision-making, enhancing its capabilities in space and defense sectors. Analysts' expectations regarding SpaceX's market value rose to new record levels following the announcement of this deal.


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SpaceX Acquires AI Coding Startup Cursor in Record Deal Worth Up to $60 Billion

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23 Apr 2026
1 min read