Report: Musk Says Grok Lags Rivals, SpaceX Bets $60B Cursor Acquisition to Close Gap

JosephJacks_ · x · 2026-08-25

According to The Information, Elon Musk told Cursor employees that Grok has fallen behind rivals and that he is not used to losing. The report claims SpaceX is betting on a $60 billion acquisition of Cursor to help close the gap.

This rumor has drawn comments from industry observers like JosephJacks, noting that relying on massive payouts rather than organic execution to win reflects a distortion in the industry. If true, this would be one of the largest acquisitions in the AI coding tool space to date.

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