SpaceX Will Buy AI Coding Firm Cursor For $60 Billion

BreakingBusinessSpaceX Will Buy AI Coding Firm Cursor For $60 BillionBySiladitya Ray,Forbes Staff. Siladitya Ray is a New Delhi-based Forbes news team reporter.Follow AuthorJun 16, 2026, 07:11am EDTToplineSpaceX announced it will acquire the AI coding platform Cursor for $60 billion, days after Elon Musk’s rocket company made a blockbuster public debut that boosted its market cap past $2.5 trillion.SpaceX's acquisition announcement comes just days after it made its public market debut with a record breaking IPO.NurPhoto via Getty ImagesKey FactsIn a Securities and Exchange Commission filing, SpaceX said it will acquire Cursor’s parent company, Anysphere, Inc., which will become a wholly owned subsidiary of the rocket company.SpaceX said it expects to close the merger by the third quarter of 2026. This is a developing story.Got a tip? Share confidential information with Forbes.Editorial StandardsReprints & PermissionsLOADING VIDEO PLAYER...FORBES’ FEATURED Video