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SpaceX Completes Its $60 Billion Cursor Acquisition

Bloomberg Technology Friday 14 August 2026, 12:55 UTC By Carmen Arroyo and Natasha Mascarenhas 1 min read
Key Points

SpaceX Completes Its $60 Billion Cursor Acquisition SpaceX has completed a $60 billion acquisition of artificial intelligence coding startup Cursor, a key part of Elon Musk’s bid to gain ground on rivals Anthropic PBC and OpenAI. The deal became effective on Aug. 14, according to a regulatory filing, two months after SpaceX formally announced it had agreed to acquire the company.

SpaceX Completes Its $60 Billion Cursor Acquisition SpaceX has completed a $60 billion acquisition of artificial intelligence coding startup Cursor, a key part of Elon Musk’s bid to gain ground on rivals Anthropic PBC and OpenAI. The deal became effective on Aug. 14, according to a regulatory filing, two months after SpaceX formally announced it had agreed to acquire the company.
SpaceX (ORG) Elon Musk’s (PERSON) PBC (ORG)
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