The SpaceX Cursor deal is closed. Cursor’s own post says SpaceX has officially acquired the AI coding startup. SpaceX’s August 14 8-K is the legal close. Anysphere survives as a wholly owned SpaceX subsidiary.
What the SpaceX Cursor deal paid
SpaceX and Anysphere signed the merger agreement on June 16. TMM covered that $60 billion stock agreement when the option became a signed deal. The filing names X67 Inc., a SpaceX subsidiary, as the merger vehicle. X67 merged into Anysphere, and Anysphere is the surviving company. Specifically, the 8-K now converts Cursor common and preferred stock into 389,289,254 SpaceX Class A shares. That pack sits on an implied Cursor equity value of $60.0 billion. The share price is the seven-day volume-weighted average close just before closing.
Vested Cursor RSUs convert into another 1,752,426 Class A shares, before tax withholding. Then SpaceX assumes unvested RSUs and options as about 29.1 million new SpaceX RSUs and 44.4 million SpaceX options. The company issued the merger stock under the Securities Act’s Section 4(a)(2) exemption.
What Cursor says it gets now
Cursor traces the process back to April, when it partnered with SpaceXAI to speed model training. However, the close is the new fact. “We will have access to the largest fleet of GPUs in the world, giving us the compute to build stronger models that are also more economical to run.”
That is the customer pitch. Cursor says it can now sell more capable models at lower cost. Meanwhile, it points at Grok 4.6, released Wednesday, as an early look at the joint stack. Besides that model drop, Cursor still talks about AI teammates you can give real work, the same lane TMM covered with Grok Bot’s cloud computers.
As a result, the product stays familiar and the owner does not. Cursor still wants people with ambitious ideas to spend less time writing code and more time on harder problems. SpaceX now owns the company that ships that editor.
