SpaceX secures option to buy AI coding startup Cursor for $60B

SpaceX announced the deal on X, pre-empting a New York Times report that framed it as a completed acquisition. The structure gives SpaceX optionality: exercise the call by year end or walk away having paid $10B for shared compute access and joint model work. Cursor CEO Michael Truell called it a partnership to ‘scale up Composer’.

SpaceX has secured a call option to acquire AI coding startup Cursor, developed by San Francisco-based Anysphere, for $60 billion later this year, or, alternatively, to pay $10 billion for the joint AI development work the two companies are conducting together.

SpaceX announced the arrangement in a post on X on Tuesday, describing “SpaceXAI” and Cursor as working together to “create the world’s best coding and knowledge work AI.”

The post came just before the New York Times published a story citing two people who said SpaceX had agreed to purchase Cursor for ...