SpaceX Acquires Cursor for $60B: What Developers Should Know

SpaceX acquired Anysphere, the startup behind AI coding editor Cursor, in a $60 billion all-stock deal announced four days after SpaceX's Nasdaq IPO. The acquisition, expected to close in Q3 2026, gives Elon Musk's xAI division a foothold in the developer tools market, impacting one million daily Cursor users.

SpaceX has agreed to acquire Anysphere — the startup behind the AI coding editor Cursor — in a $60 billion all-stock deal announced today, four days after SpaceX’s Nasdaq IPO. The acquisition, expected to close in Q3 2026, would absorb Cursor into Elon Musk’s empire and hand his struggling xAI division its first serious foothold in the developer tools market. For the one million developers who use Cursor daily, this is not background noise. Cursor’s numbers are staggering. The company hit $2 billion in annual recurring revenue by February 2026 — a trajectory that earned it the unofficial title of … The post