SpaceX closes its $60B acquisition of Cursor, two months after SpaceX formally announced it had agreed to acquire the startup
SpaceX has completed a $60 billion acquisition of artificial intelligence coding startup Cursor, a key part of Elon Musk's bid to gain ground on rivals Anthropic PBC and OpenAI.
Sources: Cursor told staff on Thursday that SpaceX could complete its $60B acquisition as soon as next week and the Cursor brand name will likely be phased out
Cursor told staff at an all-hands meeting on Thursday that SpaceX could complete its $60 billion acquisition of the coding startup …
SpaceX agrees to acquire Cursor in an all-stock deal valuing the AI coding startup at $60B, set to close in Q3 2026, or pay a $4B to $10B termination fee
and it proves AI chatbots aren't the future anymoreSamuel Axon /Ars Technica:SpaceX to acquire AI coding platform Cursor for $60 billionRishabh Mishra /Benzinga:Bill Ackman, Chamath Palihapitiya React...
SpaceX agrees to acquire Cursor in a merger valuing the AI coding startup at $60B, set to close in Q3 2026, or pay a $4B to $10B termination fee
Elon Musk's SpaceX (SPCX.O) said on Tuesday it would acquire Anysphere, the software firm behind the popular AI coding agent Cursor, for $60 billion …
Sources: Microsoft considered buying Cursor in recent weeks but didn't make an offer; Microsoft has been working to boost GitHub Copilot's popularity
Prior to SpaceX's announcement this week that it's obtained the right to acquire Cursor for $60 billion, Microsoft looked at a potential deal …
SpaceX says it's working with Cursor to build “the world's most useful models” and it has the right to acquire Cursor for $60B or pay $10B for the partnership
The potential acquisition comes as Elon Musk's rocket and satellite maker, which has been emphasizing artificial intelligence, is preparing to go public.
SpaceX says it's working with Cursor to build “the world's most useful models” and it has the right to acquire Cursor for $60B or pay $10B for the partnership
The potential acquisition comes as Elon Musk's rocket and satellite maker, which has been emphasizing artificial intelligence, is preparing to go public.
Sources: Cursor maker Anysphere has reached ~$300M in ARR and declined an acquisition offer from OpenAI, which now aims to buy rival Windsurf, with $100M in ARR
Anysphere, maker of AI coding assistant Cursor, is growing so quickly that it's not in the market to be sold, even to OpenAI …