SpaceX is making a major move into AI, securing a deal that could reshape its role beyond rockets and satellites.
The company has reportedly struck a deal that gives it the option to acquire AI coding startup Cursor for $60 billion later in 2026, or instead pay about $10 billion for a strategic partnership and joint AI development work.
The arrangement is not a straight acquisition for now. It is structured as an option, meaning SpaceX can decide later whether to fully buy the company depending on how the collaboration develops.
Cursor is known for its AI-powered coding tools, widely used by software engineers to write and automate code more efficiently. The company has grown quickly in the AI developer tools space, becoming one of the key players in the category.
Under the deal, Cursor will also gain access to SpaceX’s large-scale computing infrastructure, which is expected to help it train and scale more advanced AI models.
The move reflects a broader strategy from SpaceX as it expands deeper into artificial intelligence through its xAI-linked ecosystem.
If SpaceX eventually completes the acquisition, it would mark one of the largest deals in the AI coding sector and further blur the line between space technology, infrastructure, and AI development.
The final decision on the acquisition is expected later in the year.
