Cognition CEO denies SpaceX acquisition report as startup eyes $40B valuation
cognition ceo scott wu denied reports that spacex sought to acquire the ai coding startup, which is now raising at a $40b valuation.
spacex reportedly attempted to acquire ai coding startup cognition to bolster its enterprise strategy, but ceo scott wu publicly denied the report on x. cognition is not for sale and is reportedly raising a new round at a $40b valuation, aiming to stay independent despite industry consolidation. the denial comes as spacex aggressively integrates ai capabilities, including the recent acquisition of cursor, to compete for enterprise revenue.