SpaceX agreed to acquire the AI coding platform Cursor for $60 billion in an all-stock deal, with the transaction expected to close in the third quarter of 2026. One account states the acquisition is finalized and agreed upon, while another describes it as an option to acquire later, implying a conditional or staged arrangement. Cursor, developed by Anysphere, specializes in AI for creating software code, particularly for business uses. SpaceX intends to use the acquisition to close the gap with AI rivals such as Anthropic and OpenAI in the enterprise coding market. According to Teslarati.com, SpaceX committed $10 billion for joint development work with Cursor in the interim before the acquisition. Cursor was reported to be raising $2 billion at a valuation above $50 billion prior to the acquisition announcement, and pays retail prices to Anthropic and OpenAI for AI models used in its platform. SpaceX has access to the Colossus supercomputer, according to Teslarati.com.