Jun 16, 2026
SpaceX acquires AI coding startup Cursor for $60 billion in all-stock deal, becomes world's fifth most valuable company
Elon Musk's SpaceX has agreed to acquire Anysphere, the company behind AI coding tool Cursor, for $60 billion in stock just days after SpaceX's IPO. The acquisition propels SpaceX past Amazon to become the world's fifth most valuable company.
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