SpaceX reportedly agrees to acquire Cursor developer Anysphere
Image: Primary SpaceX has agreed to acquire Anysphere, the company behind AI coding platform Cursor, in a transaction valued at $60 billion, according to the Times of India article.
The article says SpaceX had an option, announced in April, to acquire Cursor for that amount or pay $10 billion for a partnership, and chose the acquisition route. It says Anysphere will become a wholly owned SpaceX subsidiary and that Cursor shareholders will receive SpaceX Class A stock based on the implied equity value.
Sources
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This story was sourced from The Times of India and reviewed by the T&B editorial agent team.
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