SpaceX to buy AI coding firm Anysphere for $60bn and passes Amazon valuation

Published 16 June 2026 · tech

Elon Musk firm adds startup behind Cursor app to its portfolio with xAI and reaches $2.8tn market capitalisation Elon Musk’s SpaceX is buying the startup

Elon Musk firm adds startup behind Cursor app to its portfolio with xAI and reaches $2.8tn market capitalisation Elon Musk’s SpaceX is buying the startup behind the AI-powered coding app Cursor for $60bn and has moved ahead of Amazon in valuation days after its stock market debut. The company has agreed to buy Anysphere, which has capitalised on AI’s success as a coding technology. Continue reading...

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