SpaceX · 2026-06-16 · major
SpaceX to Buy Cursor for $60B — stock deal days after blockbuster IPO
SpaceX agreed to acquire Anysphere, maker of the Cursor AI coding editor, in a $60B all-stock deal. The acquisition is meant to feed Cursor into SpaceX's AI work tied to xAI, and is expected to close in Q3 2026.
SpaceX is buying the maker of Cursor — the leading AI coding editor — in a $60B all-stock deal.
What is it?
An announced acquisition. SpaceX, fresh off its IPO, has agreed to acquire Anysphere — the company behind the Cursor AI coding editor — for $60 billion in stock. The deal is set to close in Q3 2026 if regulators clear it.
How does it work?
TechCrunch reports the purchase is structured entirely in SpaceX stock, with no cash component. SpaceX's IPO price was $135 and shares were trading above $200 in pre-market, so the share count needed to fund the deal is smaller than the headline number suggests. SpaceX says Cursor will plug into its AI work, which is built around Elon Musk's xAI.
Why does it matter?
Cursor is the most-used AI coding editor among professional developers, and Anysphere has stayed independent through every prior funding round. A SpaceX/xAI owner changes the calculus for teams that picked Cursor for neutrality, for those worried about default model routing to Grok, and for rivals like GitHub Copilot, Windsurf, and Continue. It is also the largest acquisition in the AI tooling space to date.
Who is it for?
Engineering leaders, Cursor users, AI coding tool builders
Try it
https://www.cursor.com