SpaceX Announces $60 Billion Acquisition of Anysphere's Cursor Days After IPO

Just days after its record-breaking IPO, SpaceX has announced a definitive all-stock merger agreement to acquire AI coding company Cursor for an implied equity value of $60 billion. The deal highlights growing investor interest in AI infrastructure and positions SpaceX to expand into applied AI technologies.

By Lockridge Okoth Tue, June 16, 2026 at 1:37 PM GMT+3 2 min read · Yahoo Finance · June 16, 2026, 10:37 UTC

SpaceX Announces $60 Billion Acquisition of Anysphere's Cursor Days After IPO

Tickers: $SPCX

Topics: AI IPO Mergers & Acquisitions SpaceX

Read the full article at Yahoo Finance

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