SpaceX Acquires Cursor Maker Anysphere for $60 Billion

Reuters reports that Elon Musk's SpaceX is acquiring Anysphere, the startup behind the Cursor AI coding assistant, for $60 billion — a number that reframes every conversation about what AI developer tools are worth. Cursor built its reputation by turning natural-language instructions into working production code, and by most accounts has cut meaningfully into GitHub Copilot's user base in under two years.

The price is startling even by 2026 standards. SpaceX is not a software company by heritage, but Musk has made clear that AI integration across his businesses — rockets, satellites, vehicles — is a strategic priority. Dropping $60 billion on a developer tool suggests he's betting the team and the underlying technology are worth more running inside his empire than as a standalone company.

What happens to Cursor's independent roadmap is the immediate question for the engineers who've made it their default coding layer. SpaceX has no native software product business, and absorbing one of Silicon Valley's hottest developer tools into a rocket company carries genuine integration risk.

The deal also sets a new floor for AI tooling valuations. Whoever is next — Replit, Devin, any credible Copilot competitor — now has a data point.

Read the full story at Reuters