Economic Times Tech
7/8/2026
SpaceX's $60B acquisition of Anysphere (Cursor) may yield new AI model launch this week
Original: SpaceXAI plans to launch new model with Cursor as soon as Wednesday
Short summary
Elon Musk's SpaceX announced a $60 billion all-stock acquisition of Anysphere, the startup behind the AI coding agent Cursor, to strengthen its enterprise AI tools position. The deal was disclosed in June, with a new model launch reportedly expected as early as Wednesday. The move signals major consolidation in the AI coding tools market.
- •SpaceX acquiring Anysphere (Cursor) for $60B in all-stock deal
- •Deal aimed at boosting SpaceX's enterprise AI tools market presence
- •New model launch with Cursor reportedly expected as soon as Wednesday
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