Live Feeds
● LIVE Updated 26d ago · 34 sources tracked

Social media declared Cursor dead. Then SpaceX handed the AI startup a $60 billion lifeline.

SpaceX is buying AI coding startup Cursor for $60 billion in stock. The move follows a record IPO and aims to strengthen xAI and Grok against competitors like OpenAI and Anthropic. Cursor will operate as a wholly owned subsidiary starting in the third quarter.

RSS Source map (30)

What changed

New details confirm the deal is all-stock and follows a $75 billion IPO.

Live updates

  1. SpaceX acquires Cursor for $60 billion in all-stock deal

    SpaceX is buying AI coding startup Cursor for $60 billion in stock. The move follows a record IPO and aims to strengthen xAI and Grok against competitors like OpenAI and Anthropic. Cursor will operate as a wholly owned subsidiary starting in the third quarter.

    What's confirmed:

    • SpaceX is acquiring Cursor for $60 billion in stock.
    • The acquisition is intended to help SpaceX compete with OpenAI and Anthropic.
    • SpaceX recently completed an IPO that raised $75 billion.

    Still unconfirmed:

    • SpaceX previously had an option to pay $10 billion to work with Cursor instead of buying it.
    • The deal is a bet on distribution, the Colossus supercomputer, and the people writing the code.
    • Cursor helped start a trend known as vibe coding.
    confidence 90%

  2. SpaceX Acquires Cursor for $60 Billion in All-Stock Deal

    SpaceX is buying Anysphere, the creator of Cursor, for $60 billion in stock. The acquisition follows a record-breaking SpaceX IPO and seeks to challenge OpenAI and Anthropic. This is described as the largest AI coding deal and the biggest VC-backed deal ever.

    What's confirmed:

    • SpaceX agreed to buy Cursor maker Anysphere for $60 billion in stock.
    • The transaction is an all-stock deal.
    • The acquisition occurred days after a record-breaking SpaceX IPO.
    • This is the biggest AI coding deal ever.

    Still unconfirmed:

    • Elon Musk claims the AI will achieve Stockfish-level coding.
    • The acquisition aims to integrate vibe coding into xAI.
    • The deal creates four multibillionaires in their mid-20s.
    confidence 95%

  3. SpaceX Acquires AI Coding Startup Cursor for $60 Billion

    SpaceX has agreed to buy AI coding agent Cursor for $60 billion. The deal follows a record-breaking SpaceX IPO and aims to give Elon Musk a competitive edge against OpenAI and Anthropic. The acquisition creates four multibillionaires in their mid-20s.

    What's confirmed:

    • SpaceX agreed to acquire AI coding startup Cursor for $60 billion.
    • The acquisition follows a record-breaking SpaceX IPO.
    • Cursor was founded in 2022 and contributed to the trend of vibe coding.
    • The deal creates four multibillionaires in their mid-20s.

    Still unconfirmed:

    • Aman Sanger cofounded the company.
    confidence 90%