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
- SpaceX 8-K: merger agreement with Anysphere (Cursor) sec.gov · 16 Jun 2026
- 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.