Cursor, which started in 2022, helped sparked a trend called “vibe coding” as AI coding assistants have become increasingly capable of doing the work of computer programming.

By Aditya Soni and Deborah Mary Sophia June 16 (Reuters) - Elon Musk's SpaceX is buying the startup behind the popular AI coding agent Cursor, Anysphere, for $60 billion in an all-stock deal to boost its presence in the lucrative enterprise AI tools market.

The deal comes just days after SpaceX went public in the largest IPO in history, raising $75 billion to help fund its expansion.

On the heels of its blockbuster IPO, SpaceX announced that it plans to acquire AI coding startup Cursor in an all-stock deal worth $60 billion by the third quarter of 2026. The de

Sanger was born in New York and began coding at age 14, going on to study Computer Science at MIT, where he crossed paths with Michael Truell, Sualeh Asif, and Arvid Lunnemark, with whom he built Cursor.

Around the time ChatGPT and Github’s Copilot brought AI to the masses, four MIT classmates with backgrounds in computer science and finance decided they wanted in. They just didn’t quite know how.

SpaceX exercised its option to buy Cursor for $60 billion in all stock, the largest startup acquisition ever, arming xAI and Grok against rivals Anthropic and OpenAI.