On June 16, 2026, SpaceX announced its plan to acquire Anysphere for $60 billion, aiming to bolster its presence in the enterprise AI market. This acquisition follows SpaceX's recent successful public offering, which significantly increased its market valuation. The merger is anticipated to close in the third quarter of 2026.
SpaceX had been considering Cursor for several months and had previously secured an option to either acquire the company or enter a partnership for $10 billion. Cursor has rapidly grown since its inception in 2022, generating approximately $2.6 billion in annualized B2B revenue, indicating strong demand for its AI-driven coding solutions.
This acquisition could provide SpaceX's xAI division, which has struggled to compete in the AI coding space, with enhanced resources and capabilities. Additionally, Cursor may benefit from increased computing power to further develop its AI models.
The impact of this deal on SpaceX's existing cloud computing agreements, including those with Anthropic and Google, remains uncertain, as these contracts include clauses that allow for quick adjustments in computing capacity