SpaceX buys Cursor for $60B to fix xAI's coding slump
spacex is acquiring cursor for $60b to integrate its coding tools, a move meant to fix xai's lagging performance and compete with openai in the enterprise sector.
spacex is purchasing cursor for $60b shortly after its ipo, fulfilling an april agreement that included a $10b breakup fee. musk previously criticized xai’s coding tools for lagging behind anthropic and openai, and this acquisition aims to integrate cursor’s automation to close that gap. the deal signals spacex's aggressive expansion into enterprise ai, shifting focus from launch vehicles to software infrastructure to secure lucrative corporate clients.