SpaceX Eyes $60B Cursor Deal, Signaling New AI Coding Era

40 seconds ago

Elon Musk’s SpaceX revealed that it has secured a

Elon Musk’s SpaceX revealed that it has secured an option to acquire Cursor

Fast forward to today, and that same stake of Anysphere, based on Cursor’s valuation, has crossed $50 billion in recent funding talks.

This makes it one of the biggest missed investment opportunities linked to the FTX collapse.

Why SpaceX Is Not Buying Cursor Right Now – IPO Plan

Interestingly, SpaceX is not rushing to complete the acquisition. The company is preparing for a potential IPO that could value it at around $1.75 trillion, with plans to raise $75 billion.

Closing a major $60 billion acquisition before the IPO would force the company to update its financial filings and disclosures, potentially pushing back the entire listing timeline.

So instead of buying now, SpaceX has locked in the right to buy later, keeping the IPO process clean while securing its position in the AI coding race before a competitor moves in.

What Comes Next

For now, all eyes are on three things, SpaceX’s IPO timeline, the outcome of Cursor’s ongoing $2 billion funding round, and whether the $60 billion acquisition option gets exercised before year’s end.

As demand for AI coding tools continues to rise, the company is positioned at the center of a major tech shift.

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