Elon Musk’s SpaceX said Tuesday it will acquire Anysphere — the developer of the popular AI coding agent Cursor — for $60 billion to strengthen the company’s position in the enterprise artificial intelligence market.
Elon Musk’s SpaceX said Tuesday it will acquire Anysphere — the developer of the popular AI coding agent Cursor — for $60 billion to strengthen the company’s position in the enterprise artificial intelligence market.
The announcement came just days after Musk took SpaceX public. The high-profile debut on the Nasdaq valued the company at more than $2 trillion and instantly made it one of the most valuable companies in the world.
The potential takeover was first reported in April. SpaceX expects the merger deal to close in the third quarter of 2026, Reuters reports .
Along with OpenAI and Anthropic, the Cursor developer is one of several Silicon Valley startups that have attracted a huge number of developers by using artificial intelligence to automate programming — an area where AI companies have already found their first commercial successes.
The deal could give xAI, the maker of the Grok chatbot that SpaceX acquired in February, a stronger foothold in the AI programming market, where it has lagged behind competitors, and give Cursor more computing power to develop AI models.
