SpaceX Buys Cursor Maker Anysphere in $60 Billion AI Push

SpaceX said on Tuesday that it is acquiring Anysphere, the company behind the popular AI coding tool Cursor, in a deal valued at about $60 billion. The transaction is expected to close in the third quarter of 2026, pending regulatory approvals, and would mark one of the largest software AI deals to date.

The announcement comes just days after SpaceX completed a successful Nasdaq initial public offering that valued the company at more than $2 trillion. According to the company, the purchase is a strategic move to expand beyond aerospace and strengthen its software and artificial intelligence capabilities.

Anysphere was founded in 2022 and built Cursor, one of the leading AI-powered coding tools on the market. The platform helps developers write code faster, fix bugs, and streamline development work. Published figures say the company reached annual revenue of about $2.6 billion in a relatively short time.

The deal builds on an agreement reached in April, when SpaceX received an option for a future purchase or partnership. After the acquisition closes, Anysphere is expected to be folded into SpaceX’s AI operations and xAI, which was merged with the company earlier this year. The company will also gain access to SpaceX computing infrastructure, including the Colossus supercomputer cluster, which is used to train advanced AI models. Executives expect the combined resources to speed up automated coding systems and other tools for developers and organizations.