SpaceX has announced a $60 billion all-stock acquisition of Anysphere, the company behind the AI-powered coding assistant Cursor, marking one of the largest deals in the artificial intelligence sector this year.
The acquisition comes shortly after SpaceX's record-setting public listing and reflects the company's growing ambitions in enterprise AI. The transaction is expected to strengthen SpaceX's competitive position against industry leaders such as OpenAI and Anthropic, both of which have gained significant traction in the AI software market.
Founded in 2022, Anysphere developed Cursor, an AI coding platform designed to automate and accelerate software development. The tool has gained widespread adoption among developers and businesses seeking to improve productivity through AI-assisted programming.
Under the agreement, a SpaceX subsidiary will merge with Anysphere, making Cursor a wholly owned subsidiary of SpaceX. The deal is expected to close in the third quarter of 2026, subject to regulatory approvals.
According to company data, Cursor currently generates approximately $2.6 billion in annualized business-to-business revenue and has previously attracted investment from major technology firms, including Nvidia and OpenAI.
The acquisition follows SpaceX's earlier integration with Elon Musk's AI venture, xAI, and is expected to enhance the company's capabilities in AI-powered software development. Industry analysts believe the move could provide Cursor with access to significantly greater computing resources while strengthening SpaceX's presence in the rapidly expanding AI ecosystem.
Following the announcement, SpaceX shares rose in premarket trading, reflecting investor confidence in the company's strategy to diversify beyond aerospace and satellite technologies into advanced AI solutions.
Source: Company filings and market reports.
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