SpaceX Is Buying Cursor for $60B: What Developers Should Know Right Now

SpaceX has agreed to acquire Anysphere, the company behind Cursor, for $60 billion in stock. Announced June 16, 2026, shortly after the SpaceX IPO, this is the largest acquisition in AI developer tooling history. Cursor, which has 4 million active developer users, was previously valued at $9B, making this a 6.7x return. While TechCrunch and Reuters have reported the deal, no official timeline for the closing of the acquisition has been confirmed yet.