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SpaceX is officially buying Cursor for $60 billion

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SpaceX is buying AI coding startup Cursor for $60 billion

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There's a "wall of fear-mongering and doomerism" in the AI world right now.

"Worrying about AI today is like worrying about overpopulation on Mars."

Concerns that AI could pose a threat to humanity is "preposterously ridiculous."

Claiming AI poses an existential threat is "such an extreme" and risks "wip[ing] out some of its potential benefits."

"I'm more concerned about... the risks that are here and now [than the existential threat of AI]."

Current AI is "not anywhere close" to posing an existential threat but it could in the future.

AI is the "biggest existential threat" to humanity.

AGI's worst-case scenario would be "lights-out for all of us."

Powerful AI systems "taking control" pose an "existential threat."

AI has a "10 to 25 per cent" chance of destroying humanity.

"The most likely result of building a superhumanly smart AI... is that literally everyone on Earth will die."

Does AI Pose an Existential Threat to Humanity?

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Society is more likely to get "cat-level" or "dog-level" AI years before human-level AI.

"[W]e will eventually reach AGI... and quite possibly before the end of this century."

"Superhuman AIs" will be achieved "between a few years and a couple of decades."

"Digital intelligence" could overtake us within "5 to 20 years."

We may achieve "something like AGI or AGI-like in the next decade."

"[W]e could get to real AGI in the next decade."

"Human-level" AI could occur in "two or three years."

"I'd be surprised if we don't have AGI by [2029]."

Will AI Surpass Human Intelligence, and When?

SpaceX announced Tuesday that it will acquire Anysphere, the company behind AI coding tool Cursor, for $60 billion in an all-stock deal. The transaction is expected to close in the third quarter of 2026, pending regulatory approvals.

Spacex

SpaceX announced Tuesday that it will acquire Anysphere, the company behind AI coding tool Cursor, for $60 billion in an all-stock deal. The transaction is expected to close in the third quarter of 2026, pending regulatory approvals.

The acquisition comes days after <a target="_blank" rel="noopener noreferrer nofollow" href="https://www.verity.news/story/2026/spacex-ipo-raises-b-breaks-alltime-record">SpaceX raised more than $85 billion in its Nasdaq debut</a>, the largest IPO in history, which valued the company at more than $2 trillion. SpaceX's stock has climbed almost 50% from its IPO price of $135.

The acquisition comes days after SpaceX raised more than $85 billion in its Nasdaq debut, the largest IPO in history, which valued the company at more than $2 trillion. SpaceX's stock has climbed almost 50% from its IPO price of $135.

SpaceX had secured an option in April to either purchase Cursor for $60 billion or pay a $10 billion fee for their collaboration on coding and AI. If the deal collapses due to antitrust issues, SpaceX will pay a separate $4 billion regulatory termination fee.

SpaceX had secured an option in April to either purchase Cursor for $60 billion or pay a $10 billion fee for their collaboration on coding and AI. If the deal collapses due to antitrust issues, SpaceX will pay a separate $4 billion regulatory termination fee.

Founded in 2022 by MIT graduates, Cursor has grown rapidly, reaching roughly $2.6 billion in annualized business-to-business revenue. The startup had previously been in talks to raise $2 billion at a $50 billion valuation before the SpaceX deal was announced.

Founded in 2022 by MIT graduates, Cursor has grown rapidly, reaching roughly $2.6 billion in annualized business-to-business revenue. The startup had previously been in talks to raise $2 billion at a $50 billion valuation before the SpaceX deal was announced.

SpaceX's AI division, built around xAI and its Grok chatbot, has lagged behind rivals' coding tools, including Anthropic's Claude Code and OpenAI's Codex. SpaceX merged with xAI in February and has been restructuring the division.

SpaceX's AI division, built around xAI and its Grok chatbot, has lagged behind rivals' coding tools, including Anthropic's Claude Code and OpenAI's Codex. SpaceX merged with xAI in February and has been restructuring the division.

Cursor is used by major companies including Stripe, Adobe and Nvidia, and is backed by investors such as Andreessen Horowitz, Thrive and Google. Cursor shareholders will receive SpaceX Class A common stock as payment under the terms of the deal.

Cursor is used by major companies including Stripe, Adobe and Nvidia, and is backed by investors such as Andreessen Horowitz, Thrive and Google. Cursor shareholders will receive SpaceX Class A common stock as payment under the terms of the deal.

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SpaceX announced Tuesday it will acquire Anysphere, the company behind AI coding tool Cursor, for $60 billion in an all-stock deal. The transaction is expected to close in the third quarter of 2026, pending regulatory approvals.

SpaceX announced Tuesday it will acquire Anysphere, the company behind AI coding tool Cursor, for $60 billion in an all-stock deal. The transaction is expected to close in the third quarter of 2026, pending regulatory approvals.

The acquisition comes days after SpaceX raised more than $85 billion in its Nasdaq debut, the largest IPO in history, which valued the company at more than $2 trillion. SpaceX's stock has climbed more than 56% from its IPO price of $135.

The acquisition comes days after SpaceX raised more than $85 billion in its Nasdaq debut, the largest IPO in history, which valued the company at more than $2 trillion. SpaceX's stock has climbed more than 56% from its IPO price of $135.

SpaceX had secured an option in April 2026 to either purchase Cursor for $60 billion or pay a $10 billion fee for their collaboration on coding and AI. If the deal collapses due to antitrust issues, SpaceX will pay a separate $4 billion regulatory termination fee.

SpaceX had secured an option in April 2026 to either purchase Cursor for $60 billion or pay a $10 billion fee for their collaboration on coding and AI. If the deal collapses due to antitrust issues, SpaceX will pay a separate $4 billion regulatory termination fee.

SpaceX's AI division, built around xAI and its Grok chatbot, has lagged behind coding tools from rivals including Anthropic's Claude Code and OpenAI's Codex. SpaceX merged with xAI in February and has been restructuring the division amid repeated controversies.

SpaceX's AI division, built around xAI and its Grok chatbot, has lagged behind coding tools from rivals including Anthropic's Claude Code and OpenAI's Codex. SpaceX merged with xAI in February and has been restructuring the division amid repeated controversies.

SpaceX just made the largest software acquisition in history, snagging Cursor for $60 billion in an all-stock deal. With over 1 million paying customers and $2 billion in annualized revenue projected to hit $6 billion by end of 2026, this is no vanity purchase. SpaceX now controls rockets, satellites, AI models, chips and the tool every developer on earth uses to write code.

SpaceX just made the largest software acquisition in history, snagging Cursor for $60 billion in an all-stock deal. With over 1 million paying customers and $2 billion in annualized revenue projected to hit $6 billion by end of 2026, this is no vanity purchase. SpaceX now controls rockets, satellites, AI models, chips and the tool every developer on earth uses to write code.

Bull Theory

Kanika

Cursor isn't just a text editor — it's the layer where software actually gets built, and every engineer using it is training Grok to engineer better without even realizing it. SpaceX already had compute, models, rockets and factories; the missing piece was where the software powering all of it gets written. That feedback loop of objective, test-driven AI learning is the real $60 billion asset.

Cursor isn't just a text editor — it's the layer where software actually gets built, and every engineer using it is training Grok to engineer better without even realizing it. SpaceX already had compute, models, rockets and factories; the missing piece was where the software powering all of it gets written. That feedback loop of objective, test-driven AI learning is the real $60 billion asset.

DogeDesigner

Shanaka Anslem Perera

AI: Infrastructure

AI: Safety and Regulations

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SpaceX Buys AI Coding Tool Cursor for $60B

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United States of America

SpaceX didn't just buy Cursor. It bought influence over the next generation of builders. Control the rockets, satellites, AI models, chips — and now the coding environment — and you shape the infrastructure of innovation itself. The deal is about consolidating power over the tools, platforms and pathways that define the future, as every line of code written inside that ecosystem strengthens the same empire.

SpaceX didn't just buy Cursor. It bought influence over the next generation of builders. Control the rockets, satellites, AI models, chips — and now the coding environment — and you shape the infrastructure of innovation itself. The deal is about consolidating power over the tools, platforms and pathways that define the future, as every line of code written inside that ecosystem strengthens the same empire.

Evan Luthra

There's a 50% chance that SpaceX will be worth $1780 billion in 2030, according to the Metaculus prediction community.

There's a 50% chance that SpaceX will be worth $1780 billion in 2030, according to the Metaculus prediction community.

Samuel Boivin/NurPhoto/Getty Images

SpaceX Buys AI Coding Startup Cursor for $60B

Samuel Boivin/NurPhoto/Getty Images

SpaceX Buys AI Coding Startup Cursor for $60B

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SpaceX Buys AI Coding Startup Cursor for $60B

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