Cognition CEO denies report that SpaceX tried to acquire the startup

SpaceX’s CEO denied Bloomberg’s claim that the rocket company tried to buy AI coding startup Cognition, stating the startup “is not for sale” and that no talks occurred. Cognition, valued at $25 billion after a $1 billion round and courting a new $40 billion financing, recently secured enterprise clients such as Mercedes-Benz, Citi and Goldman Sachs. The denial follows SpaceX’s recent $60 billion acquisition of Cursor and its push to monetize AI-assisted coding.