The CEO of AI coding startup Cognition has denied reports that SpaceX was in talks to acquire the company. This comes after SpaceX acquired Cursor as it seeks to bolster its capabilities in enterprise AI.
According to a report from TechCrunch, SpaceX was reportedly considering a purchase of Cognition. The potential acquisition would have added another AI-focused company to SpaceX’s portfolio, following its recent acquisition of Cursor.
However, Cognition CEO has refuted the claim. The report does not detail the specifics of the alleged talks or why they may have stalled. SpaceX’s acquisition of Cursor signals the company’s intent to compete with industry leaders like OpenAI and Anthropic in the rapidly evolving field of enterprise AI. The company is reportedly racing to catch up to these rivals by building its own AI tools and capabilities.
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