Start-up Cursor is one of the most popular AI coding tools on the market – and its four co-founders are now worth billions overnight after selling to SpaceX.

SpaceX and Cursor had agreed to a deal earlier this year that gave the rocket company an option to buy the AI firm.

Cursor’s four young billionaire cofounders will be worth $2.7 billion each when the deal goes through, according to Forbes estimates.

It's the largest acquisition ever of a VC-backed startup

Separately, neither could compete. Now they hope they can.