SpaceX Drops $60B on Anysphere for Cursor Developer Tool

SpaceX has made its first major post-IPO acquisition, buying AI coding tool developer Anysphere for $60 billion in an all-stock deal. The company behind Cursor, a fast-growing developer product with real enterprise adoption, will become a wholly owned subsidiary of SpaceX after the third quarter of 2026.

The acquisition gives SpaceX a foothold in the competitive developer tools market and brings it closer to its goal of becoming an integrated AI infrastructure company. With this deal, SpaceX gains access to Cursor's distribution channels and can push its own models into developer workflows more easily.

Cursor is used for AI-assisted coding, codebase navigation, and agentic software work, putting it in direct competition with other top players like Anthropic's Claude Code and OpenAI's Codex. The deal also adds another catalyst to SpaceX's market, which has already seen heavy trading in crypto derivatives and tokenized stock products.

The $60 billion price tag is significant, but the acquisition gives public investors a clear AI revenue story attached to a product developers already use. With this move, SpaceX shifts its focus from launch services and Starlink alone to an integrated AI platform that includes compute infrastructure, coding agents, and more.