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Although Cursor has accepted SpaceX's $60 billion acquisition offer, it will not collaborate with xAI on coding models for the time being. - CoinFeed
Time 14:57

Although Cursor has accepted SpaceX's $60 billion acquisition offer, it will not collaborate with xAI on coding models for the time being.

May 4, 2026
CoinFeed News

CoinFeed reported on May 4th that, according to The Information, sources familiar with the matter stated that although Cursor had previously accepted SpaceX's conditional $60 billion acquisition offer (which has not yet been finalized), the company currently has no plans to jointly develop coding models with its AI arm, xAI. Instead, Cursor is focusing on optimizing its self-developed model, Composer, which is partially powered by the Chinese AI model Kimi. Previously, the market had anticipated that if the deal went through, Cursor might collaborate deeply with xAI to develop programming models, but the latest developments indicate that the company will maintain its independent technological path in the short term.

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