SpaceX completes its $60B all-stock acquisition of Anysphere; Cursor joins SpaceXAI

Anysphere (Cursor)/Cursor

SpaceX completed its all-stock acquisition of Anysphere, maker of the Cursor coding editor, for about $60 billion, widely reported as the largest startup acquisition on record. SpaceX issued about 391 million Class A shares, confirmed in an 8-K filing. Cursor becomes a wholly owned part of the SpaceXAI division, with access to the Colossus supercomputer.

• Anysphere's shares converted into 389.3 million SpaceX shares; SpaceX also took on its stock options and RSUs
• Analysts expect the Cursor brand may eventually give way to Grok branding; a beta "Grok Bot" launched alongside
• SpaceX shares rose 1.5% to $143.45 on the news