SpaceX Acquires Cursor For $60 Billion, Elevating Former FTX Stake Value To Over $3 Billion
2026-06-17 10:48

Woofun AI reports that SpaceX has agreed to acquire Anysphere, the developer behind the AI programming assistant Cursor, in a deal valued at $60 billion. This acquisition marks a significant shift in the valuation landscape for the startup, particularly regarding historical equity transactions. During its 2023 bankruptcy proceedings, FTX was forced to liquidate its 5% stake in Cursor for merely $200,000. Following the completion of SpaceX’s acquisition, the value of that specific equity portion is projected to exceed $3 billion, illustrating the dramatic appreciation driven by the strategic buyout.

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Cursor
Anysphere
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