SpaceX acquires Anthropic and OpenAI rival in $60B deal
SpaceX agreed to purchase Anysphere, the creator of the Cursor AI code editor, in an all-stock transaction valued at $60 billion. The deal was announced on 16 June 2026, four days after SpaceX's stock market debut. The acquisition is expected to close in Q3 2026.
What changed
Updated the target company name to Anysphere and added the announcement date and expected closing window.
Live updates
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SpaceX acquires Anysphere for $60 billion in record startup deal
confidence 95%SpaceX agreed to purchase Anysphere, the creator of the Cursor AI code editor, in an all-stock transaction valued at $60 billion. The deal was announced on 16 June 2026, four days after SpaceX's stock market debut. The acquisition is expected to close in Q3 2026.
What's confirmed:
- SpaceX agreed to acquire Anysphere, the company behind Cursor, in an all-stock deal valued at $60 billion.
- The transaction is the largest acquisition of a venture-backed startup on record.
- The announcement occurred four days after the SpaceX IPO.
- The deal is expected to close in Q3 2026.
- The acquisition was announced on 16 June 2026.
Still unconfirmed:
- The SpaceX IPO was valued at $75 billion.
- Cursor was previously valued around $29 billion and reportedly raising at $50 billion.
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SpaceX Acquires AI Coding Startup Cursor for $60 Billion
confidence 95%SpaceX is acquiring the AI coding startup Cursor for $60 billion following its Wall Street debut. The deal aims to give Elon Musk's company a competitive edge against rivals Anthropic and OpenAI. The acquisition is an all-stock agreement paid for by SpaceX's surging stock.
What's confirmed:
- SpaceX is acquiring the AI coding startup Cursor for $60 billion.
- The acquisition is intended to help SpaceX compete with Anthropic and OpenAI.
- SpaceX recently had its Wall Street debut.
- Cursor's CEO is 25 years old and previously interned at Google.
- The deal creates four multibillionaires in their mid-20s.
Still unconfirmed:
- The acquisition is the largest VC-backed startup deal ever.
- The deal positions SpaceX to become a $3 trillion giant.
- SpaceX is acquiring Anysphere, the parent company of Cursor.