Elon Musk's SpaceX announced plans to acquire Anysphere, the software firm behind the AI coding agent Cursor, for $60 billion. The deal aims to bolster SpaceX's presence in the enterprise AI market and is expected to close in the third quarter of 2026.
The acquisition signifies a major strategic expansion for SpaceX into the competitive enterprise AI market, potentially enhancing its AI capabilities and challenging established players like OpenAI and Anthropic.
Elon Musk's SpaceX announced plans to acquire Anysphere, the software firm behind the AI coding agent Cursor, for $60 billion. The deal, detailed in an SEC filing, aims to bolster SpaceX's foothold in the enterprise AI market. Anysphere is recognized as one of several startups, alongside OpenAI and Anthropic, that have gained traction by using artificial intelligence to automate coding.
This acquisition follows SpaceX's recent blockbuster Nasdaq debut, which valued the company at over $2 trillion. SpaceX expects the merger to be completed in the third quarter of 2026. The deal could strengthen xAI, the Grok chatbot maker merged with SpaceX in February, in the AI coding sector and provide Cursor with enhanced computing capabilities for AI model development.