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AI startup Anysphere sold to SpaceX for $60 billion, boosting Cursor's growth

Anysphere, the maker of the software-development tool Cursor, was acquired by SpaceX for $60 billion, a record deal that gives the company access to massive computing resources.

Michael Truell, 26, co-founded Anysphere and steered it from a modest startup to a multi-billion-dollar enterprise. After reporting $4 billion in annualized revenue in June—double the figure from February—the company was bought by Elon Musk’s SpaceX for $60 billion, marking a historic transaction in the AI sector. Anysphere’s primary offering, Cursor, automates software development and has had to adapt as competitors shifted from niche coding firms to well-funded AI giants such as OpenAI and Anthropic.

The SpaceX deal grants Anysphere unprecedented computing power, essential for training cutting-edge models. Truell said the increased scale should enable Cursor to reach the frontier of AI capabilities and possibly surpass existing leaders. The acquisition underscores the growing convergence of space-technology resources and artificial-intelligence development.

Why it matters

The deal links massive space-industry resources with AI development, reshaping competition in software automation.

In this story

AI startupsoftware automationrecord acquisitioncomputing powerfrontier modelsCursor toolSpaceX purchase
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