BREAKING: SpaceX has agreed to acquire Cursor, the world's fastest growing software startup, for $60 billion in an all stock deal.
Cursor has over 1 million paying customers, more than $2 billion in annualized revenue, and is projected to hit $6 billion by end of 2026.
At $60 billion, this is the largest software acquisition in history, paying 20 to 30 times Cursor's current revenue.
The deal is subject to regulatory approval and expected to close in Q3 2026.
SpaceX now owns the rockets, the satellites, the AI models, the chips, and is about to own the tool every developer on earth uses to write code.
BREAKING: SpaceX stock, $SPCX, surges +9% in overnight trading and hits $2.7 trillion in market cap.
SpaceX has officially surpassed Amazon to become the 5th largest public company in the world.
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