![\"SpaceX](\"https:\/\/www.europesays.com\/ai\/wp-content\/uploads\/2026\/06\/108322388-17816068041781606802-46578922682-1080pnbcnews.jpg\")
<\/p>\n<\/p>\n
Elon \u200bMusk’s<\/a> \u200bSpaceX<\/a> said on Tuesday it would acquire\u00a0Anysphere, the software firm behind the popular artificial intelligence<\/a> coding agent Cursor<\/a>, for $60 billion, in a bid to ramp up its presence in the enterprise AI market.<\/p>\n The announcement comes just days after Musk took his rockets-to-AI company public in a blockbuster Nasdaq debut<\/a> that valued the firm at more than $2 trillion, immediately making it one of the world’s most valuable companies.<\/p>\n SpaceX said it expects the merger to close during the third quarter of 2026.<\/p>\n SpaceX had been eyeing Cursor for several months. The company said in April it had secured an option to either acquire San Francisco-based Cursor for $60 billion later this year, or pay $10 billion for their new partnership.<\/p>\n Along with \u2060OpenAI<\/a> and Anthropic<\/a>, Cursor is one of several Silicon Valley startups that have drawn waves of developers by using artificial intelligence to automate coding, a business where AI companies have found early commercial traction.<\/p>\n Cursor’s business has scaled rapidly since its founding in 2022, with roughly $2.6 billion in \u200bannualized business-to-business revenue and enterprise sales growing sharply, according to company data shared with Reuters earlier this month.<\/p>\n The deal could give xAI, the Grok chatbot maker that SpaceX merged with in February, a stronger foothold in the AI coding market where it has so far lagged rivals. It would also provide Cursor with more computing capacity to develop AI models.<\/p>\n In March, two heads of product engineering at Cursor said they joined SpaceX to contribute to the company’s lunar projects and xAI.<\/p>\n It was not immediately clear if the deal would affect SpaceX’s agreements to rent out its data centers. The company has in recent weeks struck deals with Anthropic and Alphabet<\/a>-owned\u00a0Google to lease cloud computing capacity worth roughly $26 billion annually.<\/p>\n Both deals include 90-day termination clauses, meaning SpaceX could quickly reclaim computing capacity if needed.<\/p>\n This is breaking news. Please refresh for updates. <\/p>\n