Cognition CEO denies report that SpaceX tried to acquire the startup
Elon Musk’s SpaceX attempted to acquire AI coding startup Cognition as it works to catch up to OpenAI, Anthropic, and Google in the AI race, Bloomberg reported Wedesday, citing sources familiar with the matter.
Cognition CEO Scott Wu disputed the report soon after it published, writing on X that the story was inaccurate and that Cognition “is not for sale,” adding that the two companies haven’t been in talks.
The report comes a few days after SpaceX’s $60 billion acquisition of Cursor, another AI coding startup, whose deal closed last week.
SpaceX acquired Musk’s AI company, xAI, earlier this year. It then went public in a blockbuster IPO in June, with its market capitalization rising to nearly $2.3 trillion at its peak.
SpaceX has sold investors on its AI ambitions, which include eventually building data centers in space. But the xAI business remains relatively early-stage...
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