Cognition CEO denies report that SpaceX tried to acquire the startup

What's the deal? Cognition chief executive officer Scott WuDealroom has a profile for this one. Try Dealroom → has publicly denied a Bloomberg report that SpaceXDealroom has a profile for this one. Try Dealroom → tried to acquire his AI coding startup. "This is not true," Wu wrote on X, adding that "Cognition is not for sale and we haven't been talking."

Why now? The report surfaced on the heels of a separate $60 billion deal involving CursorDealroom has a profile for this one. Try Dealroom →, another AI coding tool. Wu's rebuttal followed the Bloomberg scoop within hours.

What did SpaceX want? According to the report Wu disputes, Elon Musk's rocket company had approached Cognition about a takeover. Wu offered "huge respect for the SpaceX team" while shutting down the acquisition talk.

The signal: AI coding startups are drawing intense interest from large acquirers, but founders like Wu are signalling they would rather stay independent than sell.

Read more: TechCrunch, x.com