SpaceX formally agrees to acquire Cursor, the AI coding platform developed by Anysphere, in a deal valued at $60 billion, according to multiple reports. The transaction is described as an all-stock acquisition that would make Cursor a wholly owned subsidiary of SpaceX. Several outlets note that SpaceX had previously reached an agreement earlier this year that included an option to buy Cursor, and that the company is now exercising that option to finalize the takeover.

The reporting links the acquisition to SpaceX’s broader push into AI tools, positioning the company to expand beyond its traditional role in rockets and satellites. Bloomberg and other outlets frame the move as part of an effort to close a gap with rivals in AI coding software and enterprise AI tools. One outlet also ties the timing to SpaceX’s recent high-profile IPO, describing it as a “first big move” after the company’s record public debut.

While details such as closing timelines are not consistently provided across the sources, all accounts converge on the core terms: SpaceX, Cursor/Anysphere, and a $60 billion all-stock deal.