By Christine Ji and William Gavin

Details of the deal show that Cursor shareholders will receive SpaceX Class A common stock.

The deal comes just days after SpaceX went public in the largest IPO in history, raising $75 billion to help fund its expansion.

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

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

SpaceX acquires Cursor’s parent company, Anysphere, for $60 billion.