SpaceX Buys Cursor: Rockets, AI, and the $60 Billion Bet

The xAI Merger Background

February 2026: SpaceX announces xAI acquisition

Finalized May 6, 2026

xAI valued at ~$250 billion

Created vertically integrated "innovation engine"

Brings Grok, Colossus supercluster, X platform under SpaceX

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The skinny

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