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SpaceX to buy Cursor AI coding agent operator Anysphere for $60 billion
Key takeaways
- SpaceX said it expects the merger to close during the third quarter of 2026.
- The company said in April it had secured an option to either acquire San Francisco-based Cursor for $60 billion later this year, or pay $10 billion for their new partnership.
- The deal could give xAI, the Grok chatbot maker that SpaceX merged with in February, a stronger foothold in the AI coding market where it has so far lagged rivals.
Space X to buy AI coding startup Cursor for $60 billion in enterprise push Reuters Tue, June 16, 2026 at 5:34 PM GMT+7 2 min read SPCX June 16 (Reuters) - Elon Musk s Space X said on Tuesday it would acquire Anysphere, the software firm behind the popular AI coding agent Cursor, for $60 billion, in a bid to ramp up its presence in the enterprise AI market.
The announcement comes just days after Musk took his rockets-to-AI company public in a blockbuster Nasdaq debut that valued the firm at more than $2 trillion and immediately made it one of the world s most valuable companies.
SpaceX said it expects the merger to close during the third quarter of 2026.
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