SpaceX completes $60 billion acquisition of Cursor developer Anysphere
SPCX Space Exploration Technologies Corp
$139.77 -1.08%
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- 1SpaceX (SPCX) has completed the acquisition of AI coding tool Cursor developer Anysphere in an all-stock deal valued at $60 billion
- 2Confirmed via SEC 8-K filing… approximately 391 million Class A shares issued, with Cursor shares converted into 389.3 million shares
- 3Cursor will operate as a subsidiary of SpaceXAI… Morgan Stanley projects the deal could contribute up to $13 billion in revenue by 2027
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