SpaceX Corp. has announced plans to acquire Cursor, the developer of the popular vibe coding platform, for $60 billion in stock. The acquisition deal is expected to close by the end of the quarter.
The move comes after SpaceX partnered with Cursor in April to develop artificial intelligence models optimized for coding tasks. At the time, the space flight company stated it would either pay $10 billion for the collaboration or acquire Cursor by year’s end.
Cursor, officially Anysphere Inc., was reportedly seeking funding at a valuation of more than $50 billion prior to the partnership with SpaceX. The company’s steep valuation reflects the popularity of its vibe coding platform, which has more than 1 million daily active users. Cursor enables developers to build application modules, rewrite legacy code, and perform complex tasks using natural language prompts.
The platform received a major upgrade earlier this year that enhanced its AI agent capabilities. When Cursor receives a complex task, it splits the project into smaller steps and assigns each one to a different agent running in separate cloud-based sandboxes. Its newest algorithm, Composer 2.5, debuted in May and was built with support from tens of thousands of graphics cards provided by SpaceX.
The sale to SpaceX may accelerate Cursor’s AI development roadmap. When SpaceX merged with xAI Holding Corp. earlier this year, it gained access to data centers with hundreds of thousands of Nvidia chips. However, it remains unclear how much of that computing capacity will be available to the Cursor team, especially given SpaceX’s recent data center deals with Anthropic and Google worth $2.15 billion per month.
Source: SiliconANGLE
