Posted by Alumni from TechCrunch
August 20, 2026
Elon Musk's SpaceX attempted to acquire AI coding startup Cognition as it works to catch up to OpenAI, Anthropic, and Google in the AI race, Bloomberg reported Wednesday, citing sources familiar with the matter. Cognition CEO Scott Wu disputed the report soon after it published, writing on X that the story was inaccurate and that Cognition 'is not for sale,' adding that the two companies haven't been in talks. It's also had to contend with its chatbot Grok's penchant for controversy, including last year's 'MechaHitler' incident and this year's nonconsensual sexual imagery scandals, as it tries to win over enterprise customers. Last week, Musk told SpaceX's employees that in about 'four or five years, AI will be 99% of the value' of the company, but achieving that feat will require SpaceX to pull in much more revenue from AI. AI-assisted coding has emerged as one of the clearest ways to monetize the technology. Anthropic's meteoric growth, fueled in large part by Claude Code, is... learn more