Cursor (Anysphere)

AI Coding Tools · Developer Tools · Artificial Intelligence

Acquisition

SpaceX completes $60B acquisition of AI coding startup Cursor

The deal hands the startup access to one of the world's largest GPU fleets, aiming to out-build rivals like OpenAI and Anthropic on coding AI.

• SpaceX officially closed its $60 billion acquisition of AI coding startup Cursor on August 14, 2026, folding the company into its SpaceXAI division.
• Cursor, made by parent company Anysphere, builds an AI-powered code editor and coding agents that became one of the fastest-growing developer tools since launching in 2023.
• The tie-up began in April as a model-training partnership, became a binding deal via a SpaceX regulatory filing in June, and closed on the original expected timeline.
• Cursor says the acquisition gives it access to the largest GPU fleet in the world, letting it build more capable models at lower cost, citing Grok 4.6, released two days before the close, as an early result.
• A day before the deal closed, Cursor itself announced it had acquired AI code-review startup Firetiger, showing it kept operating as an independent dealmaker up to completion.
• The deal ranks among the largest tech acquisitions ever and reflects Elon Musk's push to close the gap with Anthropic and OpenAI in the fast-growing AI coding market.
• Musk called it "an honor to have such a great team join SpaceX," while Cursor said it will now help build Grok Build, Grok Bot, Grok API and its own editor.