SpaceX Strikes Historic $60 Billion Deal for Cursor

SpaceX has agreed to acquire Cursor, the world’s fastest-growing software startup, in a $60 billion all-stock deal, marking the largest software acquisition in history. Cursor reportedly has over 1 million paying customers, more than $2 billion in annualized revenue, and is projected to reach $6 billion by the end of 2026. The deal values Cursor at 20–30 times its current revenue, highlighting the immense demand for AI-powered developer tools. It also expands SpaceX’s reach beyond rockets and satellites into the software used by millions of developers. The acquisition is subject to regulatory approval and is expected to close in Q3 2026. If completed, SpaceX will further strengthen its position across space, connectivity, AI, computing infrastructure, and software development.