At a meeting with the staff of the newly acquired Cursor, Musk stressed the importance of catching the OpenAI and Anthropic rivals in the field of Artificial Intelligence and developing technology that is able to control the most advanced models.
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25/08/2026
by
Miguel Patinha Dias, Lusa
O elon Musk is the richest person in the world. According to Bloomberg, the owner of Tesla and SpaceX has a wealth valued at 836 billion dollars (716 billion euros), much more than the $298 billion (€255 billion) of the second placed on the table, Larry Page (Google co-founder).
Despite the wealth it has accumulated over the past few years, Musk does not seem to be satisfied with the way his efforts in the field of Artificial Intelligence have fallen behind, with the the Information website giving more information about what was discussed at a SpaceX meeting – which today integrates the xAI.
The publication says that the recent acquisition of Cursor aimed to bring xAI closer to the rivals OpenAI and Anthropic, with Musk affirming this goal to the staff of Cursor.
According to reports from five sources at this meeting, Musk stated that “not used to losing” and that while Tesla and SpaceX are “dominants” in the area of electric cars and space flights, xAI, has “stay back”. Moreover, Musk wants Grok – the digital assistant with artificial intelligence from xAI – to be more important in this market.
“Grok is not a market leader and urgently needs to achieve leadership”He will have declared Musk before the new staff. Moreover, Musk said that artificial intelligence models are becoming too advanced for humanity and that xAI is needed “developing technology before companies” so that these models can be controlled.
SpaceX bought Cursor for 52 billion euros
SpaceX has officially acquired the artificial intelligence company Cursor for USD 60 billion (EUR 52 billion), concluding its first major acquisition since it became a listed stock exchange company.
According to the announcement made on June 16, a SpaceX subsidiary merged with Anysphere (Cursor), whose shares were automatically converted into the right to receive 389.29 million ordinary SpaceX Class A shares, with an implicit assets value of 60 billion dollars.
“ This concludes the acquisition process that started in April, when we announced our collaboration with SpaceXAI to accelerate the training of our models.”, marked Cursor.
Last April, SpaceX had announced a collaboration agreement with Cursor, through which it acquired the right to buy ‘startup’ for 60 billion dollars.
“SpaceX is developing the computational capacity needed to expand intelligence far beyond what exists today, the Cursor will be one of the places where that intelligence will become useful”, added the acquired company.