SpaceX to acquire AI coding tool Cursor for $60 billion in stock deal
By
Malte Kirchner
A good honest bake. Not flashy, but you'll finish the whole bagel.
Summary
SpaceX has announced it is acquiring Anysphere, the company behind the AI coding tool Cursor, for $60 billion in SpaceX stock. The merger agreement was signed on June 16, 2026, and Cursor will operate as a wholly-owned SpaceX subsidiary. The deal is expected to close in Q3 2026. This acquisition strategically strengthens Elon Musk's AI portfolio, following an option SpaceX secured in April to acquire the company at the same valuation.
Key quotes
· 4 pulledIn a filing with the US Securities and Exchange Commission (SEC), Elon Musk's company announced that it signed a merger agreement with Anysphere, the company behind Cursor, on June 16, 2026.
Cursor will continue to exist as a wholly-owned SpaceX subsidiary, it states.
SpaceX is paying $60 billion for the acquisition in the form of SpaceX stock.
The transaction is expected to close in the third quarter of 2026.
You might also wanna read
SpaceX Secures Option to Acquire AI Startup Cursor for $60 Billion
SpaceX has entered into a deal with AI startup Cursor that gives SpaceX the option to acquire the code-writing software company for $60 bill
nytimes.com·1mo ago
SpaceX acquires AI coding start-up Cursor for $60bn days after record IPO
SpaceX has agreed to acquire AI coding start-up Cursor (maker of Anysphere) for $60 billion, just days after SpaceX's record-breaking IPO on
bbc.com·3h agoSpaceX acquires AI coding start-up Cursor for $60bn days after record IPO
SpaceX has agreed to acquire AI coding start-up Cursor (maker of Anysphere) for $60 billion, just days after SpaceX's record-breaking IPO on
bbc.com·3h ago
SpaceX Announces Potential $60 Billion Acquisition of AI Programming Platform Cursor
SpaceX has announced an unusual arrangement to potentially acquire Cursor, an automated AI programming platform, for $60 billion later this
The Verge·1mo ago
SpaceX acquires Cursor for $60 billion in post-IPO push to compete in enterprise AI
SpaceX, fresh off its IPO, is acquiring the programming platform Cursor for $60 billion in a move to strengthen its enterprise AI capabiliti
The Verge·11h agoSpaceX Says It Has Agreement to Acquire Cursor for $60B
SpaceX signs $920M/month AI compute deal with Google ahead of planned IPO
SpaceX has signed a deal with Google to provide AI compute capacity for $920 million per month, using about 110,000 Nvidia GPUs and other ha
cnbc.com·8d agoSpaceX signs $920M/month AI compute deal with Google ahead of planned IPO
SpaceX has signed a deal with Google to provide AI compute capacity for $920 million per month, using about 110,000 Nvidia GPUs and other ha
cnbc.com·8d ago