Elon Musk’s SpaceX has expanded its ambitions beyond rockets and satellites with a $60 billion acquisition of Anysphere, the company behind the fast-growing artificial intelligence coding tool Cursor, as the aerospace giant intensifies its push into the competitive AI industry.
The blockbuster merger is expected to close in the third quarter of 2026, making Cursor a wholly owned subsidiary of the newly public aerospace and AI powerhouse.
The all-stock deal, announced on Tuesday, will make Anysphere a wholly owned subsidiary of SpaceX and marks one of the company’s biggest technology acquisitions following its record-breaking public debut.
The acquisition comes shortly after SpaceX entered public markets in what became one of the largest initial public offerings in history, raising billions of dollars and pushing its valuation above the $2 trillion mark.
Through the purchase of Anysphere, SpaceX aims to strengthen its position in enterprise artificial intelligence, particularly by improving its AI
This post was originally published on this site.
