SpaceX Closes Its Cursor Acquisition - Cursor Now Has Access to the World's Largest GPU Fleet
Four months after announcing an optional partnership in April, SpaceX officially completed the $60 billion all-stock deal on August 15, making Cursor a full subsidiary alongside xAI.
Closed. SpaceX completed its Cursor acquisition on August 15, with Cursor's team announcing the deal's close on their official blog. The $60 billion all-stock deal started as an April partnership with a buy option, then moved to binding after SpaceX's record-setting June IPO - with Cursor now sitting inside SpaceX as a full subsidiary alongside xAI.
Takeaways
- SpaceX's Cursor acquisition officially closed August 15 - $60 billion in SpaceX stock
- Cursor gets access to SpaceX's GPU fleet, cited as the world's largest, to build cheaper and more capable coding models
- Grok 4.6, launched August 12, was cited by Cursor as the first product built under the combined setup
- Cursor plans and pricing remain unchanged for now
Cursor's announcement leaned hard on compute. "We will have access to the largest fleet of GPUs in the world, giving us the compute to build stronger models that are also more economical to run," the team wrote. SpaceX rents that same infrastructure to Anthropic and Google today; Cursor now sits inside the company that owns it rather than paying from the outside. Grok 4.6, released August 12 came up by name in the announcement as "an early look at what we can now build together" - the first model released under the combined setup.
SpaceX's Cursor acquisition closes a process that moved unusually fast. Four months. Optional partnership in April, an all-stock binding agreement in June, closed deal in August - with a record IPO in the middle. Cursor still operates with Grok as its primary model; whether developers who rely on Claude or GPT inside Cursor keep that flexibility long-term is the open question the close leaves unanswered.