SpaceX to acquire US AI software company Anysphere through merger
SpaceX is acquiring Anysphere, the company behind the AI coding assistant Cursor, for $60 billion. This acquisition, expected to close in the third quarter of 2026, will see Cursor become a wholly-owned subsidiary of SpaceX. The deal, structured with stock, aims to enhance SpaceX's AI capabilities, particularly in code generation, a domain where rivals like Anthropic have seen success. The acquisition occurs as SpaceX's market valuation surpasses Amazon's, positioning it as the fifth most valuable company globally. AI
IMPACT This acquisition signals a major push into AI development tools by a leading aerospace company, potentially accelerating innovation in AI-powered coding and software development.