Cognition CEO Denies Bloomberg Report That SpaceX Tried to Acquire the AI Startup

Cognition CEO denies Bloomberg's claim that SpaceX sought to acquire the AI startup, insisting the company isn't for sale.

Aug 20, 2026
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5 min read
Technobezz
Cognition CEO Denies Bloomberg Report That SpaceX Tried to Acquire the AI Startup

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TechCrunch reported that Cognition CEO Scott Wu pushed back on a Bloomberg report that SpaceX attempted to acquire the AI coding startup, writing on X that the story was inaccurate and that Cognition "is not for sale." Wu added that the two companies haven't been in talks.

The denial came soon after the report published, according to TechCrunch. Bloomberg, citing sources familiar with the matter, reported that Elon Musk's SpaceX attempted to acquire Cognition as it works to catch up to OpenAI, Anthropic, and Google in the AI race. That report came a few days after SpaceX's $60 billion acquisition of Cursor, another AI coding startup, whose deal closed last week.

Cursor and SpaceX had already been working together before that acquisition closed, and this month jointly released Grok 4.6, a new model that scores higher on benchmarks for coding and complex multi-step agentic tasks.

Cognition's coding agent Devin serves an enterprise customer base that includes Mercedes-Benz, Citi, and Goldman Sachs. Bloomberg reported that the deal talks are no longer active but that the companies are still discussing working together, potentially with Cognition using SpaceX's computing capacity, a point Wu did not address in his denial.

TechCrunch said SpaceX and Cognition did not respond to its requests for comment.

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