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Cognition CEO rejects report of SpaceX takeover bid

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Cognition denies SpaceX takeover report, assures its independence amid AI expansion.

Cognition has pushed back on a report that SpaceX tried to buy the AI coding firm. The claim came as Elon Muskโ€™s company grows its AI plans. But Cognition says it is not for sale, adding a fresh twist to the story.

Cognition CEO rejects takeover report

As reported Bloomberg, SpaceX had tried to acquire Cognition, the company behind the AI coding agent Devin. The report said the move was part of SpaceXโ€™s wider effort to grow in AI and compete with firms such as OpenAI, Anthropic and Google. Cognition CEO Scott Wu quickly rejected the claim. He said the report was not true. Wu also said Cognition is not for sale and that the two firms had not been in talks.

Wu shared the denial on X soon after the report appeared. He also showed respect for SpaceX’s team while making his position clear. The denial puts the focus back on Cognitionโ€™s plans. The firm wants to remain an independent AI company. It has also raised major funds to support that goal.

SpaceX is pushing deeper into AI

The takeover report came at an interesting time. SpaceX has been making big moves in AI. The company recently completed a reported $60 billion deal for Cursor, another AI coding startup. The deal shows how serious SpaceX is about software and AI. SpaceX also acquired xAI earlier this year. The company has made AI a major part of its future plans. Musk has said he expects AI to become a very large part of SpaceXโ€™s value in the coming years.

Coding tools are now a key part of the AI race. Products that can write code, solve tasks and work with users have become very popular. Cognitionโ€™s Devin is one such tool. Adding Devin and Cognition’s business customers could have helped SpaceX grow its AI work. Cognition works with large firms such as Mercedes-Benz, Citi and Goldman Sachs.

SpaceX

Cognition looks to stay independent

Cognition is not a small player in the AI market. The company reportedly raised $1 billion in May at a $25 billion post-money value. Bloomberg also reported that Cognition is in early talks for another funding round that could value the company at $40 billion. The firm also owns the remaining assets of Windsurf after Google DeepMind hired its former CEO and key research staff. For now, Cognition appears focused on building its own business. Its CEOโ€™s public response leaves little room for confusion over a sale. Still, the wider story shows how fast the AI market is changing.

Big companies are looking for strong coding tools, skilled teams and more computing power. SpaceX already has a growing AI portfolio, while Cognition wants to keep control of its own path. The two sides could still work together in some way. Reports say they may discuss the use of SpaceX computing power by Cognition. Wu did not address that point directly. For now, though, a takeover is not on the table.

Authorโ€™s Opinion

The denial makes the situation clear, but the story still shows how valuable AI coding firms have become. SpaceX is moving fast, while Cognition wants to stay independent. For now, both sides have reasons to keep their options open.

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