Cursor opens London HQ and plans 200 EMEA hires as SpaceX circles with $60B acquisition offer — TFN

Cursor is opening a London headquarters and hiring 200 EMEA staff as its European revenue triples quarter-on-quarter in 2026

SpaceX struck a deal in April giving it the right to acquire Cursor’s parent company Anysphere for $60 billion later this year

Cursor serves more than 67% of Fortune 500 companies, writes 150 million lines of enterprise code daily, and hit $2 billion in annualised revenue in February 2026 — the fastest ARR ramp in B2B software history.

Four MIT graduates built a code editor in 2022. SpaceX now wants to buy it for $60 billion. While that deal plays out, Cursor is planting its flag in Europe, opening a London headquarters and hiring 200 staff as EMEA revenue triples quarter-on-quarter.

Cursor is built by Anysphere, a San Francisco-based startup founded in 2022 by Michael Truell, Sualeh Asif, Aman Sanger, and Arvid Lunnemark. It is an AI-native code editor — a fork of Visual Studio Code rebuilt from the ground up to embed AI directly into the development process, rather than bolt it on as a plugin. Developers use it to generate, revise, and review code across entire codebases, with the platform learning from each engineer’s habits over time.