88Z AI, 17 August — SpaceX has finalized the $60 billion acquisition of Cursor, setting a record for the largest startup buyout in history. The team will join SpaceXAI to co-develop the Grok series and Cursor products. Cursor will leverage SpaceX's global largest GPU cluster for enhanced computing power, while xAI has launched Grok Bot, capable of autonomously handling multi-step tasks around the clock.
At a glance
- SpaceX acquires Cursor for $60 billion, marking the largest startup acquisition in history
- xAI launches Grok Bot, capable of autonomously executing multi-step tasks 24/7

The update
SpaceX has officially completed the acquisition of Cursor for $60 billion, setting a new record for the largest startup acquisition in history. Following the deal, the Cursor team will join SpaceXAI, and both parties will work together to advance the development of the Grok product series and the Cursor platform. With access to SpaceX's global largest GPU cluster, Cursor will receive significantly enhanced computing power to improve its service performance. Meanwhile, xAI has officially launched its new AI teammate product, Grok Bot. This product is capable of operating around the clock and can autonomously execute complex, multi-step real-world tasks, providing users with continuous intelligent assistance.
Sources & editorial note
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