SpaceX secures option to acquire AI coding startup Cursor for $60B

SpaceX added that the deal would pair Cursor's product with its Colossus AI training infrastructure.

"The combination of Cursor's leading product and distribution to expert software engineers with SpaceX's million H100 equivalent Colossus training supercomputer will allow us to build the world's most useful models," the post said. "Cursor has also given SpaceX the right to acquire Cursor later this year for $60 billion or pay $10 billion for our work together."

Deepika Giri, AVP and head of AI research at IDC Asia/Pacific, said the contractual exposure is the immediate concern for enterprise buyers.

"Cursor's existing zero-data-retention agreements with model providers like OpenAI and Anthropic could be challenged under the new SpaceX ownership, which might quite likely renegotiate or terminate subprocessor relationships," Giri said. "It is likely that Cursor will cease to maintain model neutrality, which will work in favor of xAI."