SpaceX has officially closed its acquisition of Cursor, the AI-powered coding assistant startup, formalizing a deal first structured in April as a partnership with an option to buy and confirmed in June around the time SpaceX itself went public. The final price for Cursor lands at roughly $60 billion in stock, a striking figure for a company whose core product is a code editor, and it is a notable data point for anyone tracking how aggressively infrastructure-heavy companies are moving to vertically integrate AI coding tools rather than simply buying access to them. In its announcement, Cursor leaned heavily on the computing angle rather than product roadmap specifics, emphasizing that being part of SpaceX gives it access to the largest fleet of GPUs in the world, a reference to SpaceX's growing compute business, which has separately been renting out capacity to Anthropic and Google and has been expanding gas-turbine-powered data center infrastructure that is itself the subject of a pollution lawsuit. For developers who rely on Cursor day to day, the acquisition raises the practical question of how ownership by a company with SpaceX's compute ambitions and Elon Musk's broader AI holdings, including xAI which is also now under the SpaceX umbrella, will shape Cursor's roadmap, pricing, and independence as a coding tool used across many organizations that have no other relationship with SpaceX or xAI. It also continues a broader 2026 pattern of foundational AI-coding tools being absorbed into larger AI infrastructure plays rather than remaining independent, a consolidation trend worth watching for teams making multi-year bets on which coding assistants will still exist, and in what form, a few years out.