SpaceX Acquires AI Coding Tool Cursor for $60 Billion

SpaceX officially agreed to acquire Cursor — the AI-powered code editor from Anysphere — for $60 billion in stock, announced days after SpaceX’s blockbuster IPO. The deal is positioned as a move to help SpaceX win enterprise developer customers and close the AI capability gap with rivals Anthropic and OpenAI. SpaceX told IPO investors it sees a $26 trillion addressable market in AI. Cursor is the largest independent AI coding assistant by enterprise adoption, competing with GitHub Copilot and JetBrains AI. The acquisition raises questions about Cursor’s continued independence and whether enterprise security teams will remain comfortable with an Elon Musk-controlled developer tool embedded in their development workflows.