The deal had been in the works for months. According to the filing, SpaceX secured an exclusive option in April to acquire Anysphere, the company behind Cursor, or pay a $10 billion breakup fee.
After exercising that option on June 16, SpaceX signed a $60 billion merger agreement with Anysphere and its subsidiary X67 that will make the AI coding startup a wholly owned SpaceX subsidiary. Anysphere shareholders will receive SpaceX Class A stock based on the company's average share price over the seven trading days preceding the deal's close. The acquisition is expected to close in the third quarter of 2026, pending regulatory approval.
“We look forward to working closely with the Cursor team to advance our frontier AI capabilities,” SpaceX said on X.
