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SpaceX Shares Hit New High as Elon Musk's Firm Agrees to Acquire AI Startup Cursor for $60 Billion
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SpaceX Shares Hit New High as Elon Musk's Firm Agrees to Acquire AI Startup Cursor for $60 Billion

Decrypt · Jun 16, 2026, 5:19 PM · Also reported by 4 other sources

The all-stock deal would make Cursor a wholly owned SpaceX subsidiary and deepen the company's push into AI following its blockbuster IPO.

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Also covered by

Fortune SpaceX’ surging stock paid for the $60 billion Cursor acquisition in just a few hours of trading—and it reveals Elon Musk’s new power Fast Company SpaceX buys AI coding startup Cursor for $60 billion Ars Technica SpaceX to acquire AI coding platform Cursor for $60 billion Bloomberg Tech SpaceX Pounces on $60 Billion Cursor Takeover Days After IPO

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