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Founders · reuters.com · Wednesday, 17 June 2026

SpaceX buys Cursor for $60 B in stock to power its AI push

SpaceX announced an all‑stock purchase of Anysphere, the maker of the AI coding assistant Cursor, for $60 billion. The deal, unveiled days after SpaceX’s record‑breaking IPO, is meant to give its xAI unit a robust enterprise AI coding product and expand the company’s $28.5 trillion AI market addressable claim.

Read the source: reuters.com ↗In the 17 June issue →