SpaceX said on June 16, 2026 that it has agreed to acquire AI coding startup Anysphere, maker of Cursor, in an all-stock transaction valued at about $60 billion. The deal is expected to close in the third quarter of 2026.
April 21, 2026 · SpaceX × Anysphere (Cursor)
SpaceX Secures a $60B Option on Cursor — and Plugs Its AI into a Supercomputer
A call option lets SpaceX/xAI either buy Cursor for $60B this year or pay a $10B breakup fee. Immediately, Cursor begins training its "Composer" model on xAI's Colossus — a direct challenge to OpenAI Codex, Claude Code, and GitHub Copilot.
$60B
Acquisition option, exercisable this year
$10B
Breakup fee to Cursor if no deal closes
$2B+
Cursor ARR, early 2026
1M+
Users · 360,000+ paying
The Choice SpaceX Holds
Two paths under one option — the gap between them is the real price of saying "no".
$10B
Pay breakup fee
Acquire Cursor
The Compute Advantage
Cursor now trains "Composer" on Colossus — a proprietary supercomputer equivalent to 1 million H100 GPUs , something rivals lack.
20×
Reinforcement-learning scale-up in Composer 1.5
2M+
PRs/month reviewed by BugBot, catching bugs humans approved
Developers praise
Big productivity gains on complex projects
Whole-codebase-aware suggestions
Easy VS Code migration; strong refactor, debug & test generation
Concerns raised
Top-tier model cost makes ROI hard; ~1-month learning curve
Heavy memory/CPU use; context drift in long sessions
Hallucinations remain; monopoly & price-hike worries
As of June 2026: the option has not been exercised. SpaceX is reported to be planning the acquisition within 30 days after its IPO — final terms remain undisclosed.
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