SpaceX buys AI coding startup Anysphere for $60 billion
Why it matters: The stock deal deepens SpaceX's push into AI days after its IPO and ties Cursor to its Colossus supercomputer.
SpaceX agreed to acquire Anysphere, the company behind the AI coding tool Cursor, in a $60 billion stock deal just days after its blockbuster initial public offering. The companies had partnered since April under an agreement that gave SpaceX the option to buy Anysphere for $60 billion or pay $10 billion for their joint work. SpaceX said the transaction is expected to close by the end of September, with Anysphere shareholders receiving SpaceX shares. Cursor is used by companies including Stripe, Adobe and Nvidia. The deal expands SpaceX's AI ambitions alongside xAI and Grok, even as the newly public company remains unprofitable and has reported losses of more than $9 billion across 2025 and 2026.