SpaceX agrees to buy Cursor developer in $60 billion stock deal
The agreement targets a larger role in AI coding tools, with completion expected in the third quarter according to the announcement.
A major acquisition agreement
On June 16, 2026, SpaceX agreed to buy Anysphere, the company behind AI coding tool Cursor, in a transaction valued at $60 billion and payable in SpaceX shares.
Signing an agreement is different from completing an acquisition. The announcement covered here anticipated closing in the third quarter; it did not establish that every closing condition had already been met.
Background
In April, SpaceX had outlined an option to purchase Cursor for $60 billion or pay $10 billion under the alternative collaboration arrangement. Cursor was founded in 2022 and became a prominent name in AI-assisted software development.
The agreement followed SpaceX's public-market debut and placed the company more deeply in the market for AI tools used by software developers.
Why developers will watch
A change of ownership at the company behind a widely used coding tool makes its future product roadmap and integrations relevant to customers. The agreement alone, however, does not confirm changes to Cursor pricing, terms of use or available models.
The stated value is in US dollars and describes the announced transaction value. It should not be described as an entirely cash payment.
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