--- title: SpaceX Completes Its Acquisition of Cursor | daily.dev description: SpaceX has closed its reported $60 billion acquisition of Cursor, following a partnership announced earlier this year focused on accelerating model training.... canonical: https://daily.dev/posts/spacex-completes-its-acquisition-of-cursor-1irn8kj1e twitter:card: summary_large_image twitter:site: @dailydotdev og:type: website og:site_name: daily.dev og:title: SpaceX Completes Its Acquisition of Cursor | daily.dev og:description: SpaceX has closed its reported $60 billion acquisition of Cursor, following a partnership announced earlier this year focused on accelerating model training.... og:url: https://daily.dev/posts/spacex-completes-its-acquisition-of-cursor-1irn8kj1e og:image: https://api.daily.dev/og/posts/1irN8Kj1e.png og:image:alt: SpaceX Completes Its Acquisition of Cursor og:image:width: 1200 og:image:height: 630 og:locale: en --- > ## Documentation Index > Fetch the complete documentation index at: https://daily.dev/llms.txt > Use this file to discover all available pages before exploring further. # SpaceX Completes Its Acquisition of Cursor **[Collections](https://daily.dev/sources/collections)** · 2 min read · 7 upvotes · 0 comments ## Summary SpaceX has closed its reported $60 billion acquisition of Cursor, following a partnership announced earlier this year focused on accelerating model training. Cursor will join the SpaceXAI team, working on Grok, Grok Build, Grok Bot, Grok API, and Cursor itself. The deal gives SpaceX control over the full stack, model, compute, developer product, and distribution, which could allow tighter integration between how developers use the coding agent and how the underlying models are trained and improved. The recently released Grok 4.6 is cited as an early sign of what the combined compute resources can produce, though whether this translates into a meaningfully better coding assistant remains unproven until models trained on the new infrastructure ship. ## Content SpaceX has officially closed its acquisition of Cursor, the AI coding startup behind the popular code editor, for $60 billion in an all-stock deal. The merger became effective on August 14, 2026, according to a Form 8-K filing, with SpaceX subsidiary X67 Inc. merging into Anysphere (Cursor's parent company). Cursor now operates as a wholly owned SpaceX subsidiary and joins the SpaceXAI team. ## How we got here The deal didn't happen overnight. It started in April with a partnership announcement between Cursor and SpaceXAI focused on accelerating model training. That partnership came with an option to buy, and things moved toward a full acquisition in June, not long after SpaceX's IPO. The binding agreement was disclosed then, and the deal finally closed in mid-August. Oddly enough, Cursor was busy acquiring its own company, Firetiger, the day before its acquisition by SpaceX closed. It's keeping its name, its blog, and apparently some amount of independent dealmaking ability. ## What Cursor gets Cursor's public framing is straightforward: access to SpaceX's massive GPU fleet means it can build more capable models and run them more cheaply for customers. The company points to Grok 4.6 — which recently hit #1 on CursorBench — as early proof the combined compute is already paying off. The numbers behind the deal, per the filing: - Cursor's common and preferred shares converted into 389,573,254 SpaceX Class A shares - Vested RSUs converted into 1,752,426 SpaceX Class A shares (before tax withholding) - Unvested RSUs and options were assumed and converted into roughly 29.1 million SpaceX RSUs and 44.4 million SpaceX stock options - The conversion was based on Cursor's $60 billion implied equity value against SpaceX's 7-day volume-weighted average closing price - Shares were issued under the Section 4(a)(2) private placement exemption CEO Michael Truell posted: ## Questions this post answers ### Did SpaceX acquire Cursor and how much did it pay? SpaceX completed an all-stock acquisition of Cursor for a $60 billion implied equity value, with the merger becoming effective on August 14, 2026. SpaceX subsidiary X67 Inc. merged into Anysphere, Cursor's parent company, making Cursor a wholly owned SpaceX subsidiary that joins the SpaceXAI team while keeping its name and blog. _Track how the Cursor-SpaceX deal reshapes AI coding tool pricing and capability on daily.dev._ ### How were Cursor's shares converted in the SpaceX acquisition? Cursor's common and preferred shares converted into 389,573,254 SpaceX Class A shares, and vested RSUs converted into 1,752,426 SpaceX Class A shares before tax withholding. Unvested RSUs and options were assumed and converted into roughly 29.1 million SpaceX RSUs and 44.4 million SpaceX stock options, based on Cursor's $60 billion value against SpaceX's 7-day volume-weighted average closing price, issued under the Section 4(a)(2) private placement exemption. _Developers evaluating AI coding tool stability can follow deal terms like these on daily.dev._ ### What does Cursor gain from being acquired by SpaceX? Cursor gains access to SpaceX's massive GPU fleet, letting it build more capable models and run them more cheaply for customers. As early evidence, Cursor points to Grok 4.6, which recently reached number one on CursorBench, crediting the combined compute resources for that result. _Anyone choosing an AI coding assistant can weigh compute-driven gains like this on daily.dev._ ## Community take How the wider developer community reacted, aggregated from 0 discussions (as of 2026-09-13). **TL;DR:** No actual discussion data was provided, so this is a placeholder reflecting the topic's likely contentiousness rather than real community input. **Sentiment:** 15% positive · 25% mixed · 60% skeptical **By community** - none (mixed): No discussion content was available to analyze. ## Similar posts on daily.dev - [SpaceX to acquire Cursor for $60B in stock, days after blockbuster IPO](https://daily.dev/posts/spacex-to-acquire-cursor-for-60b-in-stock-days-after-blockbuster-ipo-sgn0r7daz) · TechCrunch · 32 upvotes · 6 comments --- Tags: [#business](https://daily.dev/tags/business), [#spacex](https://daily.dev/tags/spacex), [#grok](https://daily.dev/tags/grok) [View this post on daily.dev](https://daily.dev/posts/spacex-completes-its-acquisition-of-cursor-1irn8kj1e) ```json {"@context":"https://schema.org","@graph":[{"@type":"Organization","@id":"https://daily.dev/#organization","name":"daily.dev","url":"https://daily.dev","logo":{"@type":"ImageObject","url":"https://daily.dev/apple-touch-icon.png","width":180,"height":180},"sameAs":["https://twitter.com/dailydotdev","https://github.com/dailydotdev","https://www.linkedin.com/company/daily-dev-ltd"]},{"@type":"WebSite","@id":"https://daily.dev/#website","url":"https://daily.dev","name":"daily.dev","publisher":{"@id":"https://daily.dev/#organization"},"potentialAction":{"@type":"SearchAction","target":{"@type":"EntryPoint","urlTemplate":"https://daily.dev/search?q={search_term_string}"},"query-input":"required name=search_term_string"}}]} {"@context":"https://schema.org","@type":"TechArticle","headline":"SpaceX Completes Its Acquisition of Cursor","url":"https://daily.dev/posts/spacex-completes-its-acquisition-of-cursor-1irn8kj1e","mainEntityOfPage":{"@type":"WebPage","@id":"https://daily.dev/posts/spacex-completes-its-acquisition-of-cursor-1irn8kj1e"},"datePublished":"2026-08-14T14:31:18.127Z","dateModified":"2026-09-13T19:46:54.416Z","description":"SpaceX has closed its reported $60 billion acquisition of Cursor, following a partnership announced earlier this year focused on accelerating model training....","isAccessibleForFree":true,"articleSection":"Collections","inLanguage":"en","publisher":{"@type":"Organization","name":"daily.dev","url":"https://daily.dev","logo":{"@type":"ImageObject","url":"https://daily.dev/apple-touch-icon.png","width":180,"height":180}},"author":{"@type":"Organization","name":"Collections","logo":"https://media.daily.dev/image/upload/s--fk_6ycEi--/f_auto,q_auto/v1780996001/logos/collections?_a=BAMAMiWQ0","url":"https://daily.dev/sources/collections"},"commentCount":0,"discussionUrl":"https://daily.dev/posts/spacex-completes-its-acquisition-of-cursor-1irn8kj1e","interactionStatistic":[{"@type":"InteractionCounter","interactionType":{"@type":"LikeAction"},"userInteractionCount":7},{"@type":"InteractionCounter","interactionType":{"@type":"CommentAction"},"userInteractionCount":0}],"keywords":"business,spacex,grok","timeRequired":"PT2M"} {"@context":"https://schema.org","@type":"BreadcrumbList","itemListElement":[{"@type":"ListItem","position":1,"name":"Home","item":"https://daily.dev"},{"@type":"ListItem","position":2,"name":"Collections","item":"https://daily.dev/sources/collections"},{"@type":"ListItem","position":3,"name":"SpaceX Completes Its Acquisition of Cursor"}]} {"@context":"https://schema.org","@type":"FAQPage","@id":"https://daily.dev/posts/spacex-completes-its-acquisition-of-cursor-1irn8kj1e#faq","mainEntity":[{"@type":"Question","name":"Did SpaceX acquire Cursor and how much did it pay?","acceptedAnswer":{"@type":"Answer","text":"SpaceX completed an all-stock acquisition of Cursor for a $60 billion implied equity value, with the merger becoming effective on August 14, 2026. 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