SpaceX Buys Cursor for $60 Billion in Stock

SpaceX is acquiring Anysphere, the parent of AI coding tool Cursor, for $60 billion in stock. The deal follows SpaceX's public listing at a $1.77 trillion valuation and is expected to close in Q3 2026. Cursor generated $2.6 billion in annualized B2B revenue and is used by over half the Fortune 500.