Scott Wu, CEO of AI startup Cognition, denied reports of a potential acquisition by SpaceX, stating, 'There are no plans to sell.'
There have been reports that SpaceX has approached AI coding startup Cognition about acquiring them, but Cognition CEO Scott Wu has denied this, stating that 'there is no truth to that and we have no plans to sell.'
SpaceX Thought to Acquire AI Coding Startup Cognition, Sources Say - Bloomberg
Bloomberg reported, citing sources familiar with the matter, that SpaceX has approached AI coding startup Cognition with an acquisition offer. One source said that Cognition did not accept the offer, while another said that discussions are continuing regarding cooperation, including a proposal for Cognition to utilize SpaceX's computing power.
In response, Cognition CEO Scott Wu denied the allegations, stating, 'This story is not true. We have great respect for the SpaceX team, but we have no plans to sell Cognition, nor have we ever discussed it.'
This is not true. Huge respect for the SpaceX team but Cognition is not for sale and we haven't been talking. https://t.co/U5Y0pPx4Gw
— Scott Wu (@ScottWu46) August 19, 2026
SpaceX recently completed its acquisition of Anysphere, the developer of the AI coding tool 'Cursor,' in August 2026.
SpaceX officially completes acquisition of Cursor - GIGAZINE
Bloomberg reports that sources say SpaceX is interested in Cognition not only because it develops the AI agent ' Devin ,' but also because it has clients such as the Mercedes-Benz Group and GE Aerospace, which would help SpaceX expand its support base among potential customers.
Furthermore, CEO Wu has previously stated publicly, even to businesspeople, that he is 'not interested in selling the business.' Bloomberg itself reported that when Cognition raised $1 billion (approximately 158 billion yen) in May 2026, he said, 'With this funding, we can maintain our independence and continue operating as an independent business.'
SpaceX has not commented on this matter.
Related Posts:
in AI, Posted by logc_nt