SpaceX Approached Cognition on Acquisition as Talks Shift to Computing Collaboration

SpaceX approached AI coding startup Cognition about a potential acquisition, but the talks are no longer active. The two companies are still discussing possible collaboration, including a deal that would let Cognition use SpaceX’s computing capacity. Cognition, which makes the Devin coding agent, was valued at $26 billion in a May funding round and has reportedly been discussing new financing at a much higher valuation. The interest highlights SpaceX’s broader push into artificial intelligence and the growing competition among companies building tools to automate software development.