SpaceX completed its $60 billion all-stock purchase of Anysphere on August 14, paying Cursor shareholders 389,289,254 SpaceX Class A shares. Cursor keeps its name and becomes a wholly owned subsidiary, with the team moving into the SpaceXAI division alongside Grok Build and Grok Bot.
Read the full story: SpaceX Closes $60B Cursor Deal, Folds It Into SpaceXAI →
Transcript
SpaceX owns Cursor now. A securities filing dated August fourteenth confirms the sixty billion dollar acquisition closed. Here is the part worth reading closely. Nobody got paid in cash. Cursor shareholders received three hundred eighty nine million, two hundred eighty nine thousand, two hundred fifty four shares of SpaceX Class A stock. Divide that into sixty billion and you get roughly one hundred fifty four dollars a share, which is the level the whole deal was struck at. It also means existing SpaceX holders paid for Cursor through dilution, not from the treasury. Cursor keeps its name, keeps its blog, and was still acquiring another company the day before the close, which tells you the autonomy was negotiated. The team now sits inside SpaceXAI, next to Grok Build. Watch the model routing. That is where the ownership change will show up first.