SpaceX (SPAX.PVT) on Tuesday introduced that it had struck a cope with AI coding software maker Cursor, which provides SpaceX the choice to buy the startup later this yr for $60 billion.
“SpaceXAI and @cursor_ai at the moment are working intently collectively to create the world’s finest coding and data work AI,” the publish mentioned.
“The mix of Cursor’s main product and distribution to professional software program engineers with SpaceX’s million H100 equal Colossus coaching supercomputer will enable us to construct the world’s most helpful fashions,” the publish mentioned. “Cursor has additionally given SpaceX the proper to amass Cursor later this yr for $60 billion or pay $10 billion for our work collectively.”
The deal is a part of SpaceX CEO Elon Musk’s plan to rework the rocket firm into an AI behemoth forward of its upcoming IPO. Musk merged SpaceX along with his xAI startup in February.
Elon Musk attends the finals for the NCAA wrestling championship on March 22, 2025, in Philadelphia. (AP Photograph/Matt Rourke)
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The SpaceX-Cursor tie-up additionally reveals how AI startups proceed to search out bigger companions so as to safe the compute wanted to proceed enhancing their fashions.
Earlier this week, as an illustration, Amazon (AMZN) introduced a $5 billion funding in Anthropic that can give the AI startup broader entry to its trainium chips.
The SpaceX IPO, focused for June, is aiming for a $1.75 billion to $1.8 trillion valuation, doubtlessly making it the most important in historical past.
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