{"id":424,"date":"2026-06-16T16:44:06","date_gmt":"2026-06-16T16:44:06","guid":{"rendered":"https:\/\/longhaulmovingpros.com\/?p=424"},"modified":"2026-06-16T16:44:06","modified_gmt":"2026-06-16T16:44:06","slug":"after-raising-more-money-than-god-spacex-is-ready-to-tie-the-knot-with-cursor","status":"publish","type":"post","link":"https:\/\/longhaulmovingpros.com\/?p=424","title":{"rendered":"After Raising More Money Than God, SpaceX Is Ready to Tie the Knot With Cursor"},"content":{"rendered":"
\n

The world\u2019s first trillionaire, Elon Musk, is not wasting any time building up SpaceX\u2019s AI credentials after the company\u2019s history-making IPO.<\/p>\n

Read more The British Film Institute\u2019s New Online Video Archive Celebrates Memes, How-Tos, and a Head of Lettuce<\/a><\/p>\n

SpaceX has agreed to acquire Anysphere, the parent company of Cursor, in a $60 billion all-stock deal, according to a . The acquisition is expected to close in the third quarter of this year.<\/p>\n

Cursor is best known for its AI-powered coding editor and AI coding agents.<\/p>\n

SpaceX and Cursor did not immediately respond to requests for comment. However, the companies teased a potential merger in April, when they announced they would work \u201cclosely together to create the world\u2019s best coding and knowledge work AI.\u201d<\/p>\n

Under that earlier agreement, SpaceX secured the right to acquire Cursor for $60 billion or pay $10 billion for their work together.<\/p>\n

\n<\/div>\n

\u201cThe combination of Cursor\u2019s leading product and distribution to expert software engineers with SpaceX\u2019s million H100 equivalent Colossus training supercomputer will allow us to build the world\u2019s most useful models,\u201d SpaceX posted on X at the time.<\/p>\n

\n<\/div>\n

SpaceX gets busy after its IPO<\/h2>\n

The deal comes just days after SpaceX went public in a record-breaking IPO. Last week, the SpaceX priced its shares at $135 each, making it the largest stock debut in history. The company sold about 555 million shares during the offering, raising roughly $75 billion. As of Tuesday morning, SpaceX shares had soared more than 50% to about $211, putting the company on track to overtake Amazon as the fifth-largest company by market cap.<\/p>\n

SpaceX\u2019s argument for its massive IPO is that the company has an absurdly high future earnings potential. In its IPO filing, SpaceX estimated it has a $28.5 trillion total addressable market, with roughly $26.5 trillion expected to come from AI alone.<\/p>\n

Read more Lenovo\u2019s New Tablet Sports \u2018Room-Filling\u2019 Speakers Usable With Any Other Bluetooth Device<\/a><\/p>\n

\n<\/div>\n

Still, the company is currently unprofitable, and it only acquired Musk\u2019s xAI, the parent company of the social media site formerly known as Twitter and the controversial Grok chatbot, earlier this year.<\/p>\n

Musk is putting a lot of hope into xAI\u2019s ability to compete<\/h2>\n

Unfortunately for Musk, things haven\u2019t been going great for xAI: the company has lost all of its non-Musk co-founders, and SpaceX has warned investors that some Grok features could potentially expose SpaceX to a range of regulatory and reputational risks.<\/p>\n

SpaceX also revealed in its IPO filing that it is already under investigation in the United States and internationally over allegations that its AI tools were used to make nonconsensual deepfakes of minors.<\/p>\n

This isn\u2019t the first time Grok has been bad for business. Last year, an update meant to address what Musk described as a \u201ccenter-left bias\u201d instead led Grok to generate\u00a0antisemitic propaganda, even referring to itself as \u201cMechaHitler.\u201d<\/p>\n

\n<\/div>\n

Now, it seems Musk is turning to Cursor to help turn the ship around.<\/p>\n

\u201cxAI was not built right first time around, so is being rebuilt from the foundations up,\u201d Musk posted on X in March, after a Cursor engineer joined xAI. \u201cSame thing happened with Tesla.\u201d<\/p>\n

Buying Cursor appears to be SpaceX\u2019s attempt to catch up to AI rivals like OpenAI and Anthropic before they make their own Wall Street debuts.<\/p>\n

Read more The White House Was Reportedly Ready to Go After Claude Mythos Long Before Fable 5 Was Released<\/a><\/p>\n<\/p><\/div>\n","protected":false},"excerpt":{"rendered":"

SpaceX is acquiring Cursor in a $60 billion deal.<\/p>\n","protected":false},"author":1,"featured_media":380,"comment_status":"open","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[12],"tags":[],"class_list":["post-424","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-commerce"],"yoast_head":"\nAfter Raising More Money Than God, SpaceX Is Ready to Tie the Knot With Cursor - Long Haul Moving Pros<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/longhaulmovingpros.com\/?p=424\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"After Raising More Money Than God, SpaceX Is Ready to Tie the Knot With Cursor - Long Haul Moving Pros\" \/>\n<meta property=\"og:description\" content=\"SpaceX is acquiring Cursor in a $60 billion deal.\" \/>\n<meta property=\"og:url\" content=\"https:\/\/longhaulmovingpros.com\/?p=424\" \/>\n<meta property=\"og:site_name\" content=\"Long Haul Moving Pros\" \/>\n<meta property=\"article:published_time\" content=\"2026-06-16T16:44:06+00:00\" \/>\n<meta name=\"author\" content=\"admin\" \/>\n<meta name=\"twitter:card\" content=\"summary_large_image\" \/>\n<meta name=\"twitter:label1\" content=\"Written by\" \/>\n\t<meta name=\"twitter:data1\" content=\"admin\" \/>\n\t<meta name=\"twitter:label2\" content=\"Est. reading time\" \/>\n\t<meta name=\"twitter:data2\" content=\"3 minutes\" \/>\n<script type=\"application\/ld+json\" class=\"yoast-schema-graph\">{\"@context\":\"https:\\\/\\\/schema.org\",\"@graph\":[{\"@type\":\"Article\",\"@id\":\"https:\\\/\\\/longhaulmovingpros.com\\\/?p=424#article\",\"isPartOf\":{\"@id\":\"https:\\\/\\\/longhaulmovingpros.com\\\/?p=424\"},\"author\":{\"name\":\"admin\",\"@id\":\"https:\\\/\\\/longhaulmovingpros.com\\\/#\\\/schema\\\/person\\\/ed9c8f732aec56889e8fd0602fe5af4b\"},\"headline\":\"After Raising More Money Than God, SpaceX Is Ready to Tie the Knot With Cursor\",\"datePublished\":\"2026-06-16T16:44:06+00:00\",\"mainEntityOfPage\":{\"@id\":\"https:\\\/\\\/longhaulmovingpros.com\\\/?p=424\"},\"wordCount\":582,\"commentCount\":0,\"image\":{\"@id\":\"https:\\\/\\\/longhaulmovingpros.com\\\/?p=424#primaryimage\"},\"thumbnailUrl\":\"https:\\\/\\\/longhaulmovingpros.com\\\/wp-content\\\/uploads\\\/2026\\\/06\\\/f88bf19cb51e440c910f218deaffaf19.webp\",\"articleSection\":[\"Commerce\"],\"inLanguage\":\"en-US\",\"potentialAction\":[{\"@type\":\"CommentAction\",\"name\":\"Comment\",\"target\":[\"https:\\\/\\\/longhaulmovingpros.com\\\/?p=424#respond\"]}]},{\"@type\":\"WebPage\",\"@id\":\"https:\\\/\\\/longhaulmovingpros.com\\\/?p=424\",\"url\":\"https:\\\/\\\/longhaulmovingpros.com\\\/?p=424\",\"name\":\"After Raising More Money Than God, SpaceX Is Ready to Tie the Knot With Cursor - 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