The 4-year-old startup just propelled SpaceX in the AI coding race.

In an X post on Tuesday, SpaceX referred to a clumsily named entity called “SpaceXAI”—a term Musk has used before—but that’s not even the big news. The big news is that SpaceX, assuming that’s still what the rocket company that also owns xAI and X the social media app wants to be called,

SpaceX said in a post on X that it's obtained the rights to buy coding startup Cursor for $60 billion later this year or pay $10 billion for the work the companies are doing together. "SpaceXAI and @cursor_ai are now working closely together to create the world’s best coding and knowledge work AI,

SpaceX said it has secured an option to either acquire code-generation startup Cursor for $60 billion later this year, or pay $10 billion to proceed

SpaceX announces potential 60 billion Cursor acquisition or 10 billion investment, tying its IPO plans to a bold push into AI powered coding and supercomputing

SpaceXAI and Cursor_ai are partners trying to catch up to Anthropic and Claude Code. XAI data center and hundreds of thousands of chips can power Cursor