As the dust settles on its record IPO, SpaceX is already signalling its future priorities, signing a $60 billion deal to acquire AI coding platform Cursor.

The Elon Musk-helmed company, which folded in Musk’s struggling AI lab, xAI, in February, is pushing ahead with the buyout option of a deal signed with Cursor parent company Anysphere in April.

On Tuesday, SpaceX said it signed the all-stock deal after “jointly training a model with Cursor” in recent months and expected to roll out the model to Cursor and its own Grok Build coding tool “soon”.

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