California, USA, August 15, 2026 — SpaceX has officially completed its acquisition of Cursor, the artificial intelligence-powered coding platform developed by Anysphere, bringing the software company under SpaceX as a wholly owned subsidiary. Cursor announced that the acquisition had officially closed and that its team would join SpaceX’s AI organization.
The deal values Cursor at $60 billion and represents one of the largest acquisitions of a venture-backed technology company. The transaction was structured as an all-stock deal, with Cursor being acquired through SpaceX.
Cursor is an AI-native development environment designed to help professional software developers and engineering teams write, edit, review and refactor software using AI-powered agents and workflows. SpaceX had already entered into a computing agreement with Cursor in April 2026, providing the company with access to GPU cluster capacity for AI development and training.
The relationship was also intended to benefit SpaceX’s own AI development. In its regulatory filings, SpaceX said its collaboration with Cursor could accelerate the development of its AI models, including Grok, while Cursor could use SpaceX’s large-scale computing infrastructure to improve its products and AI models.
Under the acquisition, Cursor will become part of SpaceX’s AI team and work on products including Grok, Grok Build, Grok Bot and the Grok API, while continuing to develop Cursor, according to the company’s announcement.
