SpaceX Acquires Cursor (Anysphere) for $60 Billion in All-Stock Deal
SpaceX has agreed to acquire Anysphere — the company behind AI coding agent Cursor — for $60 billion in an all-stock deal. If you’ve been tracking the AI coding tools space, this one hits differently. This is the biggest acquisition of an agentic coding tool in history, and it cements SpaceX’s pivot into enterprise AI in a way that no one could have predicted five years ago. How We Got Here The deal didn’t come out of nowhere. Back in April 2026, SpaceX secured an option to acquire Anysphere for $60 billion, with a $10 billion termination fee if it walked away from the option. At the time, SpaceX and Cursor had announced a partnership to jointly train a new AI model — designed to power both Cursor’s coding assistant and Grok Build. The April announcement was already jaw-dropping, but June 16 made it official: SpaceX exercised the option and announced the formal acquisition agreement. ...