SpaceX says it's working with Cursor to build “the world's most useful models” and it has the right to acquire Cursor for $60B or pay $10B for the partnership
The potential acquisition comes as Elon Musk's rocket and satellite maker, which has been emphasizing artificial intelligence, is preparing to go public.
New York Times
Related Coverage
- SpaceX Has Deal for Right to Acquire Cursor for $60 Billion Bloomberg
- Spacex says it has option to acquire startup Cursor for $60 billion Reuters · Juby Babu
- SpaceX cuts a deal to maybe buy Cursor for $60 billion The Verge · Richard Lawler
- SpaceX says it can buy Cursor later this year for $60 billion or pay $10 billion for ‘our work together’ CNBC · Lora Kolodny
- SpaceX to reportedly buy coding startup Cursor for more than $50 billion Sherwood News · Rani Molla
- SpaceX Strikes Deal With Cursor for $60 Billion Hacker News
Discussion
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@spacex
@spacex
on x
SpaceXAI and @cursor_ai are now working closely together to create the world's best coding and knowledge work AI. The combination of Cursor's leading product and distribution to expert software engineers with SpaceX's million H100 equivalent Colossus training supercomputer will
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@bearlyai
@bearlyai
on x
“Cursor has given SpaceX the right to acquire Cursor later this year for $60B or pay $10B for our work together.” Makes so much sense. xAI hired two Cursor co-founders and needs a product to utilize Colossus, world's largest data centre (equivalent 1 million H100 chips). [image]
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@metacriticcap
@metacriticcap
on x
It'll be interesting to see whether Anthropic and OpenAI cut Cursor's access to their models. They almost certainly have a change of control clause. Likely reason why this deal is structured in this way.
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@austen
Austen Allred
on x
OK this could actually work. Makes much more sense than Cursor trying to train its own models in house.
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@yuchenj_uw
Yuchen Jin
on x
Turns out, copying & pasting your entire source file into a Grok chatbox works a lot worse than just using Cursor. [image]
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@mntruell
Michael Truell
on x
Excited to partner with the SpaceX team to scale up Composer. A meaningful step on our path to build the best place to code with AI.
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@redtachyon
Ariel
on x
Incredibly bearish for Cursor. But I guess it checks out after their lunch was stolen by Clodex
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@zeffmax
Max Zeff
on x
Cursor has been trying to compete with the AI labs for the last year. Now, after turning down previous acquisition offers, it may be joining one.
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@nmasc_
Natasha Mascarenhas
on x
XAI and Cursor merger has been a rumor for months. I last wrote about the two companies deepening relationship and attempted partnership in September -> https://www.theinformation.com/ ...
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@unhedgedchatter
@unhedgedchatter
on x
Everything is tokens.
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@scaling01
@scaling01
on x
“Cursor has also given SpaceX [xAI] the right to acquire Cursor later this year for $60 billion or pay $10 billion for our work together” as expected. without coding data you are cooked.
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@dchaplot
Devendra Chaplot
on x
Excited to work with the incredible team at Cursor
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@alexfinn
Alex Finn
on x
Wow. SpaceX/xAI to potentially buy Cursor this year for 60 billion $ This makes SO much sense xAI has been behind on coding products for years now Cursor has a great coding product, but will fail unless they build their own model xAI gets an incredible coding product. Cursor
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@pitdesi
Sheel Mohnot
on x
wow - SpaceX either acquires Cursor for $60B or pays Cursor $10B for their work together. I did not see that coming. What a wild ride.
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@teddyschleifer
Teddy Schleifer
on x
Don't often see a $50 billion acquisition just before an IPO https://www.nytimes.com/...
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@jeffwsurf
Jeff Wang
on x
Congrats on @cursor_ai's acquisiton by @SpaceX and @xai Really glad this ended up being a real acquisition!
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@mikeisaac
Rat King
on x
NEWS: SpaceX said to agree to the right to buy cursor for $60 billion this year w @eringriffith @RMac18 https://www.nytimes.com/...
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@michaelnicollsx
Michael Nicolls
on x
Excited to partner with @cursor_ai!