SpaceX to Acquire Cursor in $60B Stock Deal, Deepening Elon Musk’s AI Empire
Elon Musk’s AI ambitions may have just found their developer toolchain. Just days after becoming one of the world’s most valuable public companies, SpaceX has locked in a deal to buy AI coding startup Cursor for $60 billion in stock, marking one of the biggest acquisitions in the artificial intelligence industry. The company confirmed on Tuesday that Cursor’s parent company, Anysphere, will become a wholly owned subsidiary once the transaction closes. Regulatory filings indicate that SpaceX expects the acquisition to be completed in the third quarter of 2026. The move follows an arrangement announced in April that gave SpaceX the option to either acquire Cursor for $60 billion or pay $10 billion to continue working closely with the company. Cursor shareholders will be paid entirely with SpaceX stock. Why SpaceX wants Cursor The acquisition is the clearest sign yet that Musk is betting heavily on AI coding tools as SpaceX tries to narrow the gap with rivals OpenAI and Anthropic. Cursor has become one of the fastest-growing names in AI-assisted programming. Its software helps developers …





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