Musk Pushes into AI Coding: After Cursor, SpaceX Attempts to Acquire Cognition but Is Rejected

After SpaceX secured Cursor in a $60 billion deal, it made another move to acquire AI coding unicorn Cognition AI, only to be publicly "flatly rejected" by CEO Scott Wu on social media — "Not for sale, and not in talks." With a valuation already at $26 billion and targeting $40 billion, Cognition is determined to remain independent, marking a setback in Musk's AI expansion plans.