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SpaceX Agrees $60 Billion Stock Deal to Acquire AI Coding Platform Cursor
Key takeaways
- The deal marks one of the largest acquisitions in the AI software sector and further broadens SpaceX’s presence in artificial intelligence following its recent public market debut.
- The company said it expects the acquisition to be completed during the third quarter of 2026.
- The announcement comes shortly after SpaceX’s record-breaking initial public offering on Nasdaq, which valued the company at more than $2 trillion and generated approximately $86 billion in proceeds.
Space X Agrees $60 Billion Stock Deal to Acquire AI Coding Platform Cursor Fiona Craig Tue, June 16, 2026 at 7:06 PM GMT+7 2 min read SPCX software code programming computer NEW SIZE Space X Expands AI Ambitions with Major Software Acquisition Space X (NASDAQ:SPCX) announced on Tuesday that it has reached an agreement to acquire Anysphere, the developer behind the artificial intelligence coding platform Cursor, in an all-stock transaction valued at $60 billion.
The deal marks one of the largest acquisitions in the AI software sector and further broadens SpaceX’s presence in artificial intelligence following its recent public market debut.
The company said it expects the acquisition to be completed during the third quarter of 2026.
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