SpaceX's reported interest in AI coding startup Cognition drew a quick denial from Cognition CEO Scott Wu, putting a public limit on speculation about another large AI developer-tool deal.

TechCrunch reported that SpaceX had attempted to acquire Cognition, citing Bloomberg's account of talks that were no longer active. Wu responded on X that the report was "not true," saying Cognition is not for sale and that the two companies had not been talking.

The exchange matters because AI coding tools have become a visible part of the enterprise AI market. Cognition is known for Devin, its software engineering agent, and remains one of the best-known independent companies in the category after acquiring Windsurf assets last year. TechCrunch said Bloomberg also reported early discussions around a new funding round that could value Cognition at $40 billion.

For SpaceX, the report sits inside a broader push to make AI central to the company. Musk recently told employees that AI could account for most of SpaceX's value within several years, according to a Yahoo Finance report. SpaceX has already tied its AI strategy to developer tools and model work, including Cursor and Grok-related coding systems.

For now, the clearest verified fact is narrower: the acquisition story is disputed by Cognition's CEO, and no active deal has been confirmed.