The acquisition aims to secure proprietary coding data from Cursor’s 50,000 business users, including two-thirds of the Fortune 500.
SpaceX will acquire AI-powered code editor developer Cursor for $60 billion, with the deal expected to close in the third quarter. The move shifts SpaceX’s focus from aerospace to enterprise software tools, leveraging Cursor’s $4 billion in annual recurring revenue.
Cursor’s platform is widely used by developers, tracking AI-generated code acceptance and edits to refine agentic models. The acquisition provides SpaceX access to proprietary coding data, a key asset in the competitive AI training market.
The deal underscores SpaceX’s strategic expansion into enterprise technology, positioning it alongside major AI model developers. No immediate market reaction was disclosed.