SpaceX Buys AI Coding Startup Cursor for $60 Billion
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SpaceX will buy Cursor parent Anysphere in a $60B all-stock deal, giving Elon Musk’s company a major AI coding asset days after its IPO.
How the hottest AI coding company navigated its situationship with Anthropic and hitched its fate to Elon Musk's chaotic rocket.
The market has spent years viewing SpaceX (NASDAQ:SPCX) primarily as a rocket company, but that narrative no longer fits. The company’s historic IPO, which raised $85.7 billion after underwriters exercised the so-called “greenshoe” overallotment — with the stock currently valued at more than $2.
Elon Musk’s SpaceX SPCX-T is buying the startup behind the popular AI coding agent Cursor, Anysphere, for US$60-billion in an all-stock deal to boost its presence in the lucrative enterprise AI tools market.
