SpaceX to acquire AI startup Anysphere for $60 billion

SpaceX, the aerospace company founded by Elon Musk, has agreed to acquire the artificial intelligence startup Anysphere, the developer of the Cursor coding assistant, in an all-stock deal valued at $60 billion. The transaction, announced in a regulatory filing on Tuesday, June 16, 2026, marks the company's first major acquisition following its historic initial public offering last week.

The deal significantly expands SpaceX's technological portfolio beyond rockets and satellites into the competitive market for AI-assisted software development. In a statement, SpaceX said the acquisition is designed to help build advanced AI models and that its AI division has been jointly training a model with Cursor for months. Analysts view the move as a strategic effort to vertically integrate AI developer tools, accelerating software development for SpaceX's core operations in spacecraft, Starlink internet satellites, and mission-critical systems.

The acquisition follows a partnership agreement announced in April, which gave SpaceX an option to either buy Anysphere for $60 billion or enter a partnership for a fee. Under the agreed terms, Anysphere will become a wholly owned subsidiary of...