Reports: SpaceX Acquires Anysphere, Developer of Cursor, in Stock Deal Valued at $60 Billion

Reports have revealed that Elon Musk's SpaceX has acquired Anysphere, the developer of the code editor Cursor, in a stock-swap deal reported to be worth around $60 billion — a figure that neither company has officially confirmed yet.

Cursor is considered one of the most prominent AI-powered code editors, having built a broad user base of professional developers who use it to speed up writing and testing code, amidst competition from rivals including GitHub Copilot.

This reported move comes in the context of growing interest among major tech companies in acquiring AI tools for developers, amid escalating competition between OpenAI, Google, and Anthropic to offer advanced coding assistants.

Independent verification of the deal's details remains essential before considering it completed, especially since SpaceX and Anysphere have not issued any official statement. If the circulated figures are correct, this deal would be considered one of the largest acquisitions in the history of AI companies.

What do these terms mean?

Cursor: A code editor that uses artificial intelligence to help developers write code, suggest edits, and fix bugs automatically. It was developed by Anysphere and has become one of the most popular tools in the developer community.

Stock Swap Deal: An acquisition process in which no cash is paid; instead, the owners of the acquired company receive shares in the acquiring company — meaning the actual value is tied to the future performance of the acquiring company's stock.

Acquisition: A process in which one entity purchases a controlling or full stake in another company, allowing it to control its management and direct its business and strategic decisions.