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SpaceX nears deal with Cursor
April 21, 2026
Posted 2 hours ago by
SpaceX said Tuesday it agreed to a deal with AI coding startup Cursor that could result in an acquisition or 10 billion investment.Why it matters: The deal underscores CEO Elon Musk's push to make SpaceX into an AI powerhouse ahead of its potential IPO, which could be the largest in history. Driving the news: Cursor, the original vibe coding startup, has raised more than 3 billion and has recently been in talks to secure additional funding.
SpaceX acquired xAI, Musk's other AI startup, in February.That transaction valued the combined company at 1.25 trillion, according to the New York Times. What we're watching: If the deal goes through, it could signal that SpaceX is willing to keep spending aggressively to bulk up on AI goodness before public investors get a say in its valuation.
Axios
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