Wire
Cursor closes its $60B SpaceX acquisition
SpaceX completed its $60 billion all-stock acquisition of Cursor on August 14, issuing 389,289,254 Class A shares and converting roughly 44.4 million options, according to the company’s closing 8-K. Cursor says the combination gives it access to SpaceX’s GPU fleet and will put Grok 4.6 inside a coding product that already has developer distribution; Cursor’s announcement frames the deal as a path to stronger, cheaper models. Builders should file the closing as a change in vendor-control risk, not just an acquisition headline: the earlier analysis of SpaceX’s AI infrastructure now has a live developer surface attached to it, so model neutrality, telemetry, and an exit path deserve written answers before deeper editor lock-in.