SpaceX Closes $60 Billion Acquisition of Cursor, Completing the Deal It Struck in June
SpaceX completed its all-stock acquisition of AI coding tool Cursor on August 14, giving the startup access to SpaceX's GPU fleet.
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SpaceX completed its all-stock acquisition of AI coding tool Cursor on August 14, giving the startup access to SpaceX's GPU fleet.
An SEC filing shows SpaceX has signed a merger agreement to acquire Anysphere, the maker of AI coding tool Cursor, for $60 billion in stock, with the deal expected to close in Q3 2026.
SpaceX announced a $10 billion collaboration deal with AI coding tool Cursor and an option to acquire it for $60 billion, halting a $2B fundraising round that Andreessen Horowitz, Thrive, and Nvidia had been set to join.
Anysphere, maker of the Cursor AI coding tool, is negotiating a $2 billion round co-led by Andreessen Horowitz and Thrive Capital with Nvidia participating, nearly doubling its November 2025 valuation.
Anysphere's Cursor ships event-driven AI coding agents that trigger on commits, Slack messages, and incidents, aiming to close the gap between AI-accelerated code production and human-speed review.