SpaceX just cut a $60B deal with an AI startup built by 4 MIT dropouts — its CEO is 25 and worth $1.3B

SpaceX just cut a $60B deal with an AI startup built by 4 MIT dropouts — its CEO is 25 and worth $1.3B Godwin Oluponmile Sat, April 25, 2026 at 3:35 PM EDT 7 min read SPAX.PVT Elon Musk's SpaceX just made a deal with a coding startup founded by four college kids who dropped out of MIT three years ago. On April 21, SpaceX announced on X (1) that it is working together with Cursor, an AI coding tool used by 64% (2) of Fortune 500 companies, to develop what it called "the world's best coding and knowledge work AI." Must Read Thanks to Jeff Bezos, you can now become a landlord for as little as $100 — and no, you don't have to deal with tenants or fix freezers. Here's how Robert Kiyosaki says this 1 asset will surge 400% in a year and begs investors not to miss this ‘explosion’ Dave Ramsey warns nearly 50% of Americans are making 1 big Social Security mistake — here’s how to fix it ASAP The deal has two parts: SpaceX pays Cursor $10 billion for their work together, or it acquires the company for $60 billion later this year. As SpaceX put it, "the combination of Cursor's leading product and distribution to expert software engineers with SpaceX's million H100 equivalent Colossus training supercomputer will allow us to build the world's most useful models." (3) Cursor CEO Michael Truell responded on X that he was "excited to partner with the SpaceX team to scale up Composer" — the name of Cursor's AI model. (4) So who is M…