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SpaceX Pursues $60 B Cursor Acquisition, $1.75 T IPO

4/23/2026

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Summary

Story summary

SpaceX secured an option to acquire AI-coding startup Cursor for $60 billion, or a $10 billion partnership.
The deal gives Cursor access to SpaceX’s Colossus supercomputer, which contains about one million Nvidia H100 chips.
Cursor’s valuation climbed to $50 billion with revenue over $2 billion, prompting SpaceX to plan a 2026 IPO that could value the combined firm at $1.75 trillion.

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Story summary

SpaceX secured an option to acquire AI-coding startup Cursor for $60 billion, or a $10 billion partnership.
The deal gives Cursor access to SpaceX’s Colossus supercomputer, which contains about one million Nvidia H100 chips.
Cursor’s valuation climbed to $50 billion with revenue over $2 billion, prompting SpaceX to plan a 2026 IPO that could value the combined firm at $1.75 trillion.