Cursor closes acquisition by SpaceX at $60B all-stock; Grok 4.6 named first joint model

Industry official + media 3 src. ~1 min

On August 14, 2026, Cursor's blog confirmed that the SpaceX acquisition has closed, completing a process announced in April as a SpaceXAI partnership and priced on June 16, 2026 at $60B all-stock (Crunchbase, CNBC, TechCrunch). The post names Grok 4.6 — released with Cursor on August 12 — as the first model built together on SpaceX's GPU fleet, framed as a path to stronger and cheaper Cursor models.

Why it matters

One of the largest startup M&A deals of 2026; reorients Cursor's compute and model roadmap around SpaceXAI infrastructure and directly ties the Cursor editor's agent capabilities to Grok and to SpaceXAI's API.

Importance: 5/5

$60B all-stock acquisition closing; paradigm shift in who owns the leading AI coding IDE.

cursor spacex acquisition ma ipo valuation grok

Sources

official Cursor is now a part of SpaceX

media SpaceX Acquires AI Coding Tool Cursor For $60B In Year's Largest Startup M&A Deal

secondary SpaceX to acquire Cursor for $60B in stock