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SpaceX is reportedly considering acquiring Cursor, an AI coding software company that recently reached an annualized sales rate of $3 billion. Cursor’s client base includes over 3,000 organizations, each paying at least $100,000 per year. The deal could value Cursor at $60 billion, structured as an outright acquisition or with a $10 billion fee based on collaboration.
Sources indicate SpaceX views AI tools like Cursor as a way to accelerate the engineering cycles behind its rockets, satellites, and chip development. Cursor’s use of SpaceX’s data-center resources also aligns with this strategy.
This potential acquisition is significant for SpaceX’s upcoming public offering, as investors are evaluating the company on its future role in AI infrastructure and software. If the deal falls through, Cursor is set to receive a $1.5 billion termination fee and $8.5 billion as a deferred services fee.
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