SpaceX officially closes its Cursor acquisition

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SpaceX has completed its acquisition of Cursor, the AI-powered coding assistant that became one of the fastest-growing developer tools in Silicon Valley. The deal, first announced in April with a $60 billion option price, moved forward when SpaceX went public two months later. Cursor confirmed the close on its own blog, framing the move primarily around compute access. The strategic rationale is explicit: Cursor's announcement repeatedly cited SpaceX's GPU infrastructure, which the company already rents to major AI labs including Anthropic and Google, and described it as 'the largest fleet of GPUs in the world.' For an AI coding tool competing with GitHub Copilot and other inference-heavy products, direct access to that capacity is a meaningful structural advantage. This acquisition completes a remarkable consolidation under Musk's entities: xAI handles model development, Cursor owns the developer-facing product layer, and SpaceX provides the GPU infrastructure to run both at scale. Few organizations — even the largest cloud providers — control all three simultaneously. For the millions of developers currently using Cursor, the primary open question is roadmap priority: whether the product remains independent or shifts toward serving SpaceX ecosystem customers first. No changes to pricing or access were announced alongside the deal close.