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908 What SpaceX’s Cursor Deal Says About xAI

The Information
Martin Peers @ The Information · 04/21/2026 20:00 EDT

What SpaceX’s Cursor Deal Says About xAI

Elon Musk’s marketing pitch for the SpaceX IPO just got a bit more complicated. SpaceX’s revelation Tuesday afternoon that it was working closely with Cursor, the once-dominant coding firm, and might buy it for $60 billion, raises new questions about the health of xAI, Musk’s AI startup that SpaceX acquired for $250 billion in stock in early February. What did SpaceX—and indirectly its shareholders—pay for?The main reason Musk would consider buying Cursor is because his own startup can’t catch up to industr

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