SpaceX agrees to acquire Cursor-maker Anysphere for $60bn
The deal exercised a $60bn buyout option SpaceX had reserved in April, alongside a smaller $10bn partnership payment, for the maker of the Cursor coding assistant.
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SpaceX agreed to acquire Anysphere, the maker of the AI coding assistant Cursor, for $60bn in a deal reported by Forbes, with Anysphere to become a wholly owned subsidiary. The company said it expected the merger to close in the third quarter of 2026.
The acquisition price was not a fresh negotiation: in April, SpaceX and Cursor had struck a partnership under which SpaceX could either pay $10bn to collaborate with Anysphere or buy the company outright for $60bn. This deal exercised that outright-purchase option. Forbes reported Cursor’s revenue had reached an annualised $4bn and that its four co-founders each held an estimated net worth above $1bn.
The deal followed SpaceX’s merger with xAI earlier in the year, extending the combined entity’s reach from rockets, satellites and a frontier model lab into one of the most widely used AI-assisted coding products, rather than a large language model provider buying its way into coding tools, as several AI labs had done through 2026.
The deal closed on 14 August 2026, when Cursor said it had “officially been acquired by SpaceX”, completing the process begun in April and, the company said, giving it access to the largest fleet of GPUs in the world. The day before, Cursor had acquired the observability startup Firetiger, whose production-monitoring tools would feed incident data back to its coding agents; Firetiger’s standalone product was closed to new sign-ups and wound down.