Source checkedPublished 08-29-2026 ET

OpenAI sets November 12 to end Cursor’s model contract after SpaceX close

OpenAI is winding down Cursor’s model contract, with a proposed shutoff date of November 12, 2026. Access continues until then. Future models, including Astra, will not go to Cursor. SpaceX’s 8-K prices the August 14 close at $60.0 billion.

Sources

OpenAI, “Our decision on Cursor following its acquisition by SpaceX,” August 28, 2026. Cursor blog, “Cursor is now a part of SpaceX,” August 14, 2026. SpaceX Form 8-K, Item 2.01, Date of Report August 14, 2026. Cursor Models & Pricing documentation. Independently re-read August 29, 2026.

SPCX is the Class A trading symbol on SpaceX’s Form 8-K cover. Cursor has no separate ticker in that filing.

What “Source checked” means

Timeline of the SpaceX–Cursor close on August 14, the OpenAI notice on August 28, and the proposed shutoff on November 12, 2026. Access continues until then.
Timeline of the SpaceX–Cursor close on August 14, the OpenAI notice on August 28, and the proposed shutoff on November 12, 2026. Access continues until then.

August 14 close, August 28 OpenAI notice, proposed shutoff November 12, 2026. Access continues until then.

TickerGrove original timeline from the OpenAI notice and SpaceX Form 8-K

TickerGrove

Two weeks after SpaceX closed on Cursor, OpenAI put a date on the models inside it. Future models, including Astra, will not go to Cursor. The models already in the product stay on through the notice period.

On August 28, 2026, OpenAI said: “Today, we notified SpaceX that we intend to wind down our contract providing OpenAI models to Cursor, with a proposed shutoff date of November 12, 2026.” OpenAI called that the maximum notice in the contract. Existing access continues until then. Future models, including one OpenAI named Astra, will not go to Cursor. OpenAI’s page does not accuse Cursor of a violation.

The notice arrived after the deal was already closed.

SpaceX closed on Cursor on August 14

SpaceX’s Form 8-K, Date of Report August 14, 2026, accession 0001628280-26-056945, Item 2.01, says the merger became effective that day. The registrant is Space Exploration Technologies Corp. The cover lists Class A common stock, par value $0.001, trading symbol SPCX, on The Nasdaq Stock Market LLC and Nasdaq Texas, LLC.

The filing names Anysphere, Inc. (“Cursor”). On August 14, 2026, at the Effective Time, Merger Sub merged with and into Cursor, with Cursor surviving as a wholly owned subsidiary of SpaceX. Cursor’s outstanding common stock and preferred stock converted into the right to receive an aggregate of 389,289,254 shares of SpaceX Class A common stock, based on an implied equity value of Cursor of $60.0 billion and a volume-weighted average closing price over the seven consecutive trading days immediately preceding the close.

Vested Cursor restricted stock units outstanding immediately prior to the Effective Time converted into the right to receive, before withholding for applicable taxes, an aggregate of 1,752,426 shares of SpaceX Class A common stock. Unvested Cursor restricted stock units and Cursor stock options were assumed and converted into approximately 29,128,326 SpaceX restricted stock units and approximately 44,365,047 options to purchase SpaceX Class A common stock. The filing defines Merger Consideration as those share amounts together with cash received in lieu of fractional shares. That is not an all-stock description.

Cursor’s blog post “Cursor is now a part of SpaceX,” published August 14, 2026, says Cursor has officially been acquired by SpaceX and that this completes the acquisition process that started in April.

OpenAI’s page, and the filing that does not echo it

OpenAI’s page is the source for the wind-down notice, the maximum-notice wording, and the statement that future models including Astra will not go to Cursor. The page does not accuse Cursor of a violation.

OpenAI’s page cited a New York Times report dated April 27, 2023, and a Forbes report dated April 30, 2026. Those are OpenAI’s citations. OpenAI’s line that Twitter/xAI is “now part of SpaceX” is OpenAI’s wording. The opened 8-K is silent on that sentence.

The models Cursor still lists

Cursor’s Models & Pricing documentation, opened August 29, 2026, lists two usage pools. Cursor Models are Grok 4.6, Grok 4.5, and Composer 2.5. Other Models include GPT-5.6 Luna, GPT-5.6 Sol, and GPT-5.6 Terra, and also list Claude Fable 5, Claude Opus 5, Claude Sonnet 5, Gemini 3.1 Pro, and Gemini 3.7 Flash. That is a named list as of August 29, 2026, not a breakdown of how much each model is used.

If the notice holds

The OpenAI path stays up through the notice period. The November deadline is dated. Cursor’s own model pool is already a separate named list. Astra is already withheld from that future window. The November deadline is still ahead; current GPT-class models have not been cut off. The Other Models list is a catalog, not a token-share split.

OpenAI is withholding future models, including Astra, from Cursor. That is a contract wind-down after the SpaceX close. SpaceX’s 8-K does not restate OpenAI’s reasons. No usage share, customer-count split, or substitute-model forecast sits in these documents.

From here through the notice period

The same documents will tell the rest of the story. Whether OpenAI revises the November deadline, or the continuing-access sentence. Whether Cursor’s Models & Pricing page still lists GPT-5.6 Luna, Sol, and Terra in Other Models. Whether SpaceX files an amendment to accession 0001628280-26-056945. The calendar date is not proof that the cutoff has already occurred.

A date on a contract is not the same as already being cut off

The SpaceX filing is the August 14 close of Cursor, at an implied equity value of sixty billion dollars. That close is not a statement that OpenAI models are already gone. The 8-K prices the merger; it does not restate OpenAI’s reasons.

The 8-K is the close. The OpenAI page is the notice.

The November deadline is still ahead. The 8-K’s 389,289,254 Class A shares, 1,752,426 vested RSUs, approximately 29,128,326 unvested RSUs, and approximately 44,365,047 options sit with cash in lieu of fractional shares — not an all-stock deal. GPT-5.6 Luna, Sol, and Terra sit in Other Models; Grok 4.6, Grok 4.5, and Composer 2.5 sit in Cursor Models.

Outside these documents

OpenAI has not accused Cursor of a violation. The 8-K does not restate OpenAI’s reasons and does not mention Twitter or xAI. The New York Times date April 27, 2023, and the Forbes date April 30, 2026, are OpenAI’s citations. Conference-call Q&A, a share-price reaction, and a recommendation are not in the opened sources.

Corrections

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Sources & evidence

Primary documents used for this piece.

  1. OpenAI

    OpenAI, Our decision on Cursor, August 28, 2026

    Proposed shutoff date stated August 28, 2026

  2. Space Exploration Technologies Corp.

    SpaceX Form 8-K, Item 2.01

  3. Cursor

    Cursor blog, Cursor is now a part of SpaceX

  4. Cursor Other Models pool

    Cursor Models & Pricing

Figures used in this article

SpaceX Form 8-K Item 2.01 prices the August 14 Cursor close. Share, RSU, and option counts are from that filing.

  1. Figure

    $60.0 billion

    Entity
    Anysphere, Inc. (“Cursor”)
    Period / as-of
    Implied equity value at the August 14, 2026 Effective Time
    Unit / basis
    USD implied equity value in Item 2.01; not a revenue print
  2. Figure

    389,289,254

    Entity
    Space Exploration Technologies Corp.
    Period / as-of
    Effective Time August 14, 2026
    Unit / basis
    Class A common shares for outstanding Cursor common and preferred
  3. Figure

    1,752,426

    Entity
    Space Exploration Technologies Corp.
    Period / as-of
    Effective Time August 14, 2026
    Unit / basis
    Class A shares for vested Cursor RSUs, before withholding
  4. Figure

    approximately 29,128,326

    Entity
    Space Exploration Technologies Corp.
    Period / as-of
    Effective Time August 14, 2026
    Unit / basis
    unvested Cursor RSUs assumed as SpaceX RSUs
  5. Figure

    approximately 44,365,047

    Entity
    Space Exploration Technologies Corp.
    Period / as-of
    Effective Time August 14, 2026
    Unit / basis
    unvested Cursor options assumed as SpaceX options

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