SpaceX closes $60 billion Cursor acquisition

The closure of the Cursor acquisition represents a consolidation of AI software and computing infrastructure under SpaceX's ownership. SpaceX's computing capacity — rented out to major AI labs including Anthropic and Google — is now paired directly with Cursor's AI coding tools, removing a potential intermediary. This follows SpaceX's acquisition of Musk's xAI earlier in 2026, establishing a vertically integrated AI business within the aerospace company. The deal was first announced in April, and SpaceX's transition to a public company in the interim (confirmed "two months later," or roughly June 2026) cleared the way for the acquisition to close. Cursor's framing of the deal emphasizes the strategic value of GPU access: the company stated that "SpaceX is building the computing capacity needed to scale intelligence far beyond what exists today," positioning the infrastructure as central to advancing AI systems. Notably, SpaceX faces an unrelated lawsuit over environmental damage from gas turbines powering its data centers — a cost associated with the same infrastructure that now underpins both Cursor and external clients like Anthropic and Google.