SpaceX to buy Cursor AI coding agent operator Anysphere for $60 billion

Reuters

Tue, June 16, 2026 astatine 5:34 AM CDT 1 min read

June 16 (Reuters) - Elon Musk's SpaceX said connected Tuesday it would get Anysphere, ‌the bundle steadfast down the fashionable AI ‌coding cause Cursor, for $60 billion, successful a bid to ​ramp up its foothold successful the endeavor AI market.

The announcement comes conscionable days aft Musk took his rockets-to-AI institution nationalist successful a ‌blockbuster Nasdaq debut ⁠that valued the steadfast astatine much than $2 trillion and instantly made ⁠it 1 of the world's astir invaluable companies.

SpaceX said it expects the merger to adjacent ​during the ​third 4th of ​2026.

Along with OpenAI and ‌Anthropic, Cursor is 1 of respective Silicon Valley startups that person drawn waves of developers by utilizing artificial quality to automate coding, a concern wherever AI companies person recovered ‌early commercialized traction.

The woody ​could springiness xAI, the Grok ​chatbot shaper ​that SpaceX merged with successful February, ‌a stronger foothold successful the ​AI coding ​market wherever it has truthful acold lagged rivals. It besides provides Cursor with ​more computing ‌capacity to make AI models.

(Reporting by Deborah ​Sophia successful Bengaluru; Editing by Shilpi ​Majumdar and Sriraj Kalluvila)