SpaceX agrees to acquire Cursor-maker Anysphere for $60bn
The deal exercised a $60bn buyout option SpaceX had reserved in April, alongside a smaller $10bn partnership payment, for the maker of the Cursor coding assistant.
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SpaceX agreed to acquire Anysphere, the maker of the AI coding assistant Cursor, for $60bn in a deal reported by Forbes, with Anysphere to become a wholly owned subsidiary. The company said it expected the merger to close in the third quarter of 2026.
The acquisition price was not a fresh negotiation: in April, SpaceX and Cursor had struck a partnership under which SpaceX could either pay $10bn to collaborate with Anysphere or buy the company outright for $60bn. This deal exercised that outright-purchase option. Forbes reported Cursor’s revenue had reached an annualised $4bn and that its four co-founders each held an estimated net worth above $1bn.
The deal followed SpaceX’s merger with xAI earlier in the year, extending the combined entity’s reach from rockets, satellites and a frontier model lab into one of the most widely used AI-assisted coding products, rather than a large language model provider buying its way into coding tools, as several AI labs had done through 2026.