SpaceX Expands AI Footprint with $60 Billion Cursor Acquisition — CloudTweaks
According to an official Reuters report, SpaceX has executed a definitive agreement to acquire Anysphere, the parent company of AI coding platform Cursor, for $60 billion.
Fresh off its historic multi-trillion-dollar Nasdaq IPO, Elon Musk’s SpaceX has entered a definitive stock-based merger agreement to acquire San Francisco-based AI coding startup Cursor for $60 billion. The transaction will be executed via X67, a wholly owned subsidiary of SpaceX, and is slated to close in the third quarter of 2026. Regulatory filings confirm that no capital raised during SpaceX’s recent public debut will be used to fund the deal.
Strategic Integration & Computing Power
The acquisition directly addresses the enterprise AI coding market, a sector where xAI (the Grok chatbot developer that merged with SpaceX in February) has previously lagged behind rivals like OpenAI and Anthropic.
The deal bridges Cursor’s highly popular developer tool with SpaceX’s immense hardware infrastructure. Cursor...
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