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# Five days after buying Cursor for $60bn, SpaceX tried to buy Cognition

**[The Next Web](https://daily.dev/sources/tnw)** · 3 min read · 0 upvotes · 0 comments

## Summary

SpaceX reportedly approached AI coding startup Cognition about an acquisition, just days after completing its $60bn purchase of Cursor. Cognition CEO Scott Wu publicly denied any talks, stating the company is not for sale. Bloomberg reports discussions did include a possible arrangement for Cognition to use SpaceX's compute capacity. Cognition, maker of the Devin coding agent used by Mercedes-Benz and GE Aerospace, recently raised $1bn at a $26bn valuation and has been in early talks at a $40bn+ valuation. The story ties into Elon Musk's push for SpaceX's AI arm to generate more revenue than rockets by September.

## Full article

daily.dev links to this article rather than hosting it. Read it at the original source: <https://thenextweb.com/news/spacex-cognition-acquisition-approach-denial>

## Questions this post answers

### Did SpaceX try to acquire Cognition, the company behind the Devin AI coding agent?

SpaceX approached Cognition about an acquisition, according to Bloomberg, but Cognition did not engage. CEO Scott Wu publicly denied active talks, saying the company is not for sale, though Bloomberg reports continuing discussions about Cognition potentially using SpaceX's compute capacity. This followed SpaceX's $60bn acquisition of Cursor completed August 14.

_Developers relying on Devin or Cursor can follow ownership shifts like this on daily.dev._

### What is Cognition's current valuation and who uses its Devin AI agent?

Cognition raised $1bn at a $26bn valuation in May and has been in early talks with investors at a valuation of at least $40bn. Its Devin coding agent is used by enterprise customers including Mercedes-Benz and GE Aerospace, commercial traction that reportedly interested SpaceX as much as the underlying technology.

_Teams evaluating AI coding agents like Devin can track funding and adoption signals on daily.dev._

## Similar posts on daily.dev

- [SpaceX to acquire Cursor for $60B in stock, days after blockbuster IPO](https://daily.dev/posts/spacex-to-acquire-cursor-for-60b-in-stock-days-after-blockbuster-ipo-sgn0r7daz) · TechCrunch · 32 upvotes · 6 comments
- [SpaceX makes its $60bn Cursor takeover official](https://daily.dev/posts/spacex-makes-its-60bn-cursor-takeover-official-6btmz1odt) · The Next Web · 0 upvotes · 0 comments

---

Tags: [#business](https://daily.dev/tags/business), [#ai-coding](https://daily.dev/tags/ai-coding), [#spacex](https://daily.dev/tags/spacex)

[View this post on daily.dev](https://daily.dev/posts/five-days-after-buying-cursor-for-60bn-spacex-tried-to-buy-cognition-rsncul7x1)

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