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SpaceX will officially acquire Cursor for $60 billionCursor co-founder and CEO Michael Truell speaking at Fortune Brainstorm AI 2025 in San Francisco, California.Stuart Isett/Fortune
Just as the prophecy foretold—or maybe just as the paperwork disclosed—SpaceX will officially, finally, buy Anysphere, the parent company of the AI coding agent Cursor, for $60 billion in stock.
The deal comes mere days after SpaceX’s market debut at $135 per share; it’s now trading at more than $200 per share, valuing the company at $2.64 trillion and placing it among the five most valuable American corporations.
The goal, as it was when the companies tentatively agreed to merge in late April, was to give SpaceX (which, since February, is the combined SpaceX and xAI) a robust coding agent to compete with rivals Anthropic (and its Claude Code), OpenAI (Codex), Microsoft (Github Copilot), and Google (Jules).
