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SpaceX closes $60B Cursor acquisition
SpaceX completed the Cursor acquisition on August 14, issuing 389.3 million Class A shares against a $60.0 billion implied equity value. The company also converted 1.8 million vested RSUs and assumed 29.1 million unvested RSUs and 44.4 million sto...View Commentary -
SpaceX Secures Right to Acquire Cursor for $60 Billion
SpaceX executed an agreement granting it the option to acquire AI coding startup Cursor for $60 billion later this year, or pay a $10 billion partnership fee. Cursor will train its models on xAI's Colossus infrastructure, which SpaceX now owns fol...View Commentary -
SpaceX to Acquire Cursor for $60 Billion in All-Stock Deal
SpaceX agreed on June 16, 2026 to acquire Anysphere, the maker of the Cursor coding agent, for $60 billion in an all-stock deal, its first major acquisition since going public last week, per CNBC. The transaction is expected to close in the third ...View Commentary