SpaceX said it has struck a deal with Cursor to develop a next generation “coding and knowledge work AI,” which includes a surprising provision—an option to buy the popular software development platform for $60 billion later this year.
Partnering with and potentially purchasing a leader in the hottest AI product category can only be seen in the context of SpaceX’s much-anticipated public offering. Investors seeking more value in the IPO might see its engagement with Cursor as another way to extract value from Elon Musk’s increasingly sprawling tech conglomerate.
The deal won’t shock those who follow the industry closely. Last week, it was reported that xAI would begin renting computing power from its data centers to Cursor, with the coding startup using tens of thousands of xAI chips to train its latest AI model. And last month, two of Cursor’s most senior engineering leaders, Andrew Milich and Jason Ginsberg, left the company to join xAI, where both report directly to Musk.
SpaceX described the partnership as a project combining Cursor’s “product and distribution to expert software engineers” with SpaceX’s Colossus supercomputer, which the company claims has the equivalent compute power of a million Nvidia H100 chips.
SpaceX also said that at some undisclosed point later this year, it will either pay Cursor $10 billion for its work or acquire the company for $60 billion. Last week, TechCrunch reported that Cursor was eying a $50 billion valuation in an upcoming private fundraising round. That figure itself reflects an astonishing series of leaps. Cursor was valued at just $2.5 billion in January of last year, climbed to $9 billion by last May May, and was assigned a $29.3 billion post-money valuation when it closed on $2.3 billion in Series D funding in November.
Either figure would represent a significant expense for SpaceX, which is widely seen to be losing money following the acquisition of xAI and the social media network X and is planning extensive capital investment. The brief statement did not say if either deal could be paid in SpaceX stock.
In the meantime, the move could shore up weaknesses at each company, but it also reveals them. Neither Cursor nor xAI has proprietary models that can match the leading offerings from Anthropic and OpenAI — the same companies now competing directly with Cursor for the developer market.
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Cursor still uses and sells access to Claude and GPT models even as both firms roll out their own coding tools, an awkward arrangement that this new SpaceX partnership may be designed to eventually escape.
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The Bauchi State Police Command has arrested a man identified as Bala Yusuf, a native of Dutse Local Government Area of Jigawa State, for allegedly attempting to kill a driver and steal his vehicle.
This was contained in a statement issued on Thursday by the spokesperson of the Bauchi State Police Command, SP Nafiu Habib.
According to the statement, the suspect hired the driver to transport him from Abuja to Jos. Upon arriving in Jos, the suspect allegedly persuaded the driver to continue the journey to Bauchi under the pretext of visiting his family.
The statement said that after reaching Bauchi, the suspect allegedly laced the driver’s food with sleeping pills and attempted to flee with the vehicle, which was valued at about N5 million.
“The suspect was apprehended in possession of the vehicle, while the victim was immediately rushed to the Abubakar Tafawa Balewa University Teaching Hospital, Bauchi, for medical attention,” the statement added.
The command further stated that investigation is ongoing to ascertain the full circumstances surrounding the incident before the suspect is charged to court.
The member representing Pankshin Kanam Kanke constituency, Yusuf Adamu Gagdi, has said his achievements in office should be the primary basis for judging his leadership, declaring that his record of service speaks for itself as he embarked on his ward-to-ward consultations across his constituency ahead of the APC primary election.
Gagdi made the remark during his recent visits to federal wards, in Pankshin, Kanam and Kanke LGAs, where he met with party members, traditional leaders, and constituents.
Addressing stakeholders in the various wards, the lawmaker said he prefers to rely on his track record rather than make fresh promises, insisting that residents have already seen the impact of his representation.
“My record speaks for me. The people have seen what I have done already. If given another opportunity, I will do even better than what I have done in the last seven years,” he said.
He cited ongoing and completed projects across the constituency, including the modern primary healthcare centre in Gyangyan and community hall projects in several wards, as evidence of his commitment to development.
Gagdi who is the Chairman of the House Committee on Navy, also stressed that leadership must remain rooted in the grassroots, explaining that his consultations were designed to keep him connected to the people who elected him into office.
“This visitation is not even about campaigning. It is about keeping in touch with the people who voted me into office. I do not want to feel too big to relate with the people the way I have always done,” he added.
He urged constituents to reject divisive politics and instead prioritize performance, capacity, and tangible contributions to community development when choosing leaders.
According to him, his interventions have also included educational support programmes, empowerment initiatives, and payment of WAEC, NECO, and JAMB fees for students across the constituency.
Gagdi further assured residents of continued development support in communities such as Dawaki, Nemel, and Kabwir, including planned community hall projects where land has already been secured.
He also pledged neutrality in future local government chairmanship contests, while reaffirming his commitment to peace, unity, and progress in the constituency.
Party leaders across the visited wards commended his developmental efforts and expressed support for his continued representation, calling for unity within the APC ahead of the 2027 elections.
The ward-to-ward consultations, according to him, are part of efforts to strengthen grassroots trust, consolidate support, and maintain close contact with constituents ahead of the party’s primary election.