SpaceX to acquire vibe coding startup Cursor for $60B
Newly public SpaceX Corp. today announced plans to acquire Cursor, the developer of a popular vibe coding platform, for $60 billion in stock.
The companies expect to close the transaction by the end of the quarter.
The move is not unexpected. In April, SpaceX partnered with Cursor to develop artificial intelligence models optimized for coding tasks. The spaceflight company stated at the time that it would either pay $10 billion for the collaboration or buy Cursor by year’s end.
Cursor, officially Anysphere Inc., was reportedly looking to raise funding at a more than $50 billion valuation prior to the partnership. Nvidia Corp. was expected to participate in the round. The chipmaker and Cursor’s other backers have invested more than $3 billion in the company since its launch.
