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M&A · Completed · 14 Aug 2026

SpaceX acquisition of Cursor (Anysphere)

SpaceX bought Cursor, the AI coding company, two months after its IPO, paying in shares.

Company
Anysphere (Cursor)
Type
M&A
Status
Completed
Date
14 Aug 2026
Value
US$60bn
Value basis
All stock: 389,289,254 Class A shares on an implied equity value of US$60.0bn
Region
US
Segment
Space and AI

Parties

  • SpaceX buyer
  • Anysphere (Cursor) shareholders seller

Key terms

Signed
16 Jun 2026
Closed
14 Aug 2026
Consideration
389,289,254 Class A shares at the seven-day VWAP before closing, plus shares for vested restricted stock units
Exemption
Shares issued under Section 4(a)(2)

Sources

  1. SpaceX 8-K: merger agreement with Anysphere (Cursor) sec.gov · 16 Jun 2026
  2. SpaceX 8-K: completion of the Cursor merger sec.gov · 14 Aug 2026

Record ORB-INV-2026-0030. Investments are kept apart from the financings register and never counted in debt totals.

Randeep Bubbra
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