BREAKING: SpaceX is acquiring Cursor in a $60 billion all-stock deal.
• Cursor is being valued at $60 billion
• Cursor will become a wholly owned SpaceX subsidiary
• Cursor shareholders will receive SpaceX Class A shares
• The exchange ratio will be based on SpaceX’s 7-day average share price before closing
• Subject to regulatory approvals and customary closing conditions
• Expected to close in Q3 2026
Cursor is one of the world’s leading AI coding platforms and one of the fastest-growing software companies. This marks one of the largest AI acquisitions ever and significantly expands SpaceX’s footprint in AI.
As a result of a US government directive, we are suspending access to Claude Fable 5 for all users. You can continue to use all other Claude models.
Here’s what this means for you:
Across Claude products, new sessions will run on your selected default model or Opus 4.8, and existing Fable 5 sessions will end with an error.
On the Claude Platform, requests to Fable 5 will also return an error. Please update your integrations to other Claude models.
We know this is a disruption to your workflows; we appreciate your patience and support.