SpaceX has struck a deal to acquire Cursor, an AI coding startup, for $60 billion, according to reporting from Yahoo Finance and The Journal Gazette. The move positions Elon Musk's rocket company as a direct competitor to OpenAI and Anthropic in the rapidly expanding market for AI-powered software development tools.
Cursor has emerged as one of the most widely used AI coding assistants, popular among software developers for its ability to write, edit, and debug code. The $60 billion price tag makes it one of the largest acquisitions in the AI sector to date.
The deal signals that SpaceX — better known for satellites and rockets — is making an aggressive push into enterprise software and AI services. According to Yahoo Finance, the acquisition is explicitly framed as a race to gain an edge over Anthropic, the maker of Claude, and OpenAI, the company behind ChatGPT and GitHub Copilot.
The move follows a broader pattern of non-traditional tech players pouring enormous sums into AI infrastructure, betting that whoever controls the best developer tools will hold significant leverage over the next generation of software. For SpaceX, owning a leading AI coding platform could also accelerate its own internal engineering operations across aerospace and satellite programs.
If the deal closes at the reported valuation, it underscores just how fiercely the AI coding market — once a niche developer utility — has become a trillion-dollar battleground.