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United States: SpaceX to buy Anysphere in $60 billion stock deal | JQJO

United States: SpaceX to buy Anysphere in $60 billion stock deal

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SpaceX has disclosed in an SEC Form 8-K that it has signed a definitive Agreement and Plan of Merger to acquire Anysphere Inc., developer of the AI coding platform Cursor, in an all-stock deal valuing Anysphere at about $60 billion. Each Cursor share will convert into SpaceX Class A common stock based on a seven-day volume-weighted average price before closing. A SpaceX subsidiary, X67 Inc., will merge into Anysphere, which will become a wholly owned SpaceX subsidiary. The deal, expected to close in the third quarter of 2026 pending regulatory approvals, will fold Cursor into SpaceX’s AI division, created after Musk’s xAI merged into SpaceX in February 2026.

Published · Published by JQJO

Published by JQJO Editorial Desk · AI assisted

More context

Timeline

  1. June 2025 Cursor holds 41 percent share
  2. February 2026 xAI formally merges into SpaceX
  3. May 2026 Cursor share declines to 26 percent
  4. Mid 2026 Cursor seeks $2 billion venture round
  5. Mid 2026 SpaceX, Anysphere sign merger agreement
  6. Mid 2026 SpaceX files SEC Form 8-K disclosure
  7. Q3 2026 Deal scheduled to close, pending approvals

Why it matters

This merger could change the tech landscape. If you're a Cursor user, expect changes as it integrates with SpaceX's AI division. If you own Cursor shares, they'll convert into SpaceX stock. Keep an eye on the deal's progress.

JQJO Editorial Desk · Human reviewed · AI assisted. Report a correction.

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