SpaceX Acquires Cursor for $60 Billion in Major Deal

On June 16, 2026, SpaceX announced its acquisition of Cursor, the parent company of AnySpher Inc., for a staggering $60 billion, as per regulatory filings. The transaction will be executed through a comprehensive stock merger agreement, making Cursor a wholly-owned subsidiary of SpaceX.

The acquisition is anticipated to close in the third quarter of 2026. Shareholders of AnySpher will receive SpaceX class common stock based on an equity valuation of $60 billion.

This acquisition follows SpaceX's recent completion of the largest initial public offering (IPO) in financial history, raising $75 billion and pushing its post-IPO market valuation beyond $2 trillion. The strategic acquisition represents a significant move by Elon Musk, who is reportedly on track to become the world's first trillionaire.

The integration of Cursor into SpaceX aims to enhance its capabilities in artificial intelligence and software development, positioning the company to compete aggressively in the enterprise software market.