SpaceX will acquire the AI coding tool Cursor for $60 billion in an all-stock transaction, as announced by the companies on June 16, 2026. The deal is expected to close in the third quarter of 2026. This announcement follows SpaceX's recent IPO and the merger with xAI, which involved a significant restructuring of xAI. Cursor is known for integrating large language model features into an integrated development environment (IDE), specifically as a branch of Visual Studio Code, although similar features have been adopted by other platforms and larger AI companies.
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SpaceX to Acquire AI Coding Platform Cursor for $60 Billion
SpaceX has announced its acquisition of the AI coding platform Cursor for $60 billion in an all-stock deal, expected to close in the third quarter of 2026. This follows SpaceX's IPO and a merger with xAI, and Cursor is recognized for its integration of AI features into coding environments.
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SpaceX to acquire AI coding platform Cursor for $60 billion
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SpaceX to Acquire AI Coding Platform Cursor for $60 Billion