SpaceX acquires Cursor parent Anysphere for $60 billion

a computer screen with a bunch of code on it

SpaceX, which went public earlier this year, announced a $60 billion all-stock acquisition of Anysphere, the parent company behind AI coding tool Cursor. The deal is intended to fold Cursor into SpaceX’s broader enterprise AI ecosystem.

The Numbers Behind the Deal

Cursor’s growth story makes the price tag easier to understand. The platform hit $100 million ARR in January 2025 and has since climbed to roughly $2.6 billion in annualized enterprise revenue. That is a 26x revenue expansion in under 18 months.

Anysphere raised approximately $3.37 billion across four rounds from investors including Thrive Capital, Andreessen Horowitz, Benchmark, Accel, DST, Coatue, NVIDIA, and Google. The funding rounds broke down as follows:

  • Series A: $60M in 2024
  • Series B: $105M in January 2025
  • Series C: $900M in June 2025
  • Series D: $2.3B in November 2025 at a $29.3 billion valuation
rocket ship launching during daytime

Context: The AI Coding Race

Cursor is not alone in this space. Replit raised $400 million at a $9 billion valuation and reported serving more than 50 million users, including teams at 85% of Fortune 500 companies. The vibe coding category has moved from niche developer tool to enterprise infrastructure faster than most SaaS bets of the last decade.

The Operator Takeaway

If you’re building with Cursor today, this acquisition signals the tool is heading deeper into enterprise territory under SpaceX ownership. How that affects pricing, access, and the independent roadmap for solo developers and small teams is still an open question.

Stay on top of AI & Automation with BizStack Newsletter
BizStack  —  Entrepreneur’s Business Stack
Logo