Fresh off blockbuster IPO, SpaceX moves to buy AI coding startup Cursor in $60 billion deal
Just days after its blockbuster Nasdaq debut catapulted its valuation beyond $2 trillion, Elon Musk‘s SpaceX is making another audacious bet, this time in artificial intelligence. The aerospace and technology giant said Tuesday it will acquire Anysphere, the company behind the fast-growing AI coding assistant Cursor, in a deal valued at $60 billion.
The transaction, expected to close in the third quarter of 2026,is one of the largest acquisitions in the rapidly evolving AI software sector. It also shows SpaceX’s ambitions to expand beyond rockets and satellite communications, deepening its footprint in enterprise artificial intelligence at a time when demand for AI-powered software tools is surging.
