SpaceX agrees to acquire Anysphere for $60 billion

Space Exploration Technologies has signed a definitive merger agreement to acquire Anysphere for $60 billion, in a deal that would make the company behind Cursor a wholly owned subsidiary of SpaceX.
SpaceX and Anysphere ("Cursor") said they have entered into an agreement and plan of merger. Under the terms of the transaction, Cursor will merge with and into X67 and survive as a wholly owned subsidiary of SpaceX.
At the close of the deal, Cursor shareholders will receive shares of SpaceX Class A common stock based on an implied equity value of $60 billion for Cursor. The exchange ratio will be set using the volume-weighted average closing price of SpaceX Class A common stock over the seven consecutive trading days immediately preceding the closing.
The companies said the transaction remains subject to customary closing conditions, including receipt of requisite regulatory approvals.
SpaceX said it expects the merger to close during the third quarter of 2026.
Following the announcement, the company's common stock traded unchanged at $211.60 per share.



