SpaceX Moves to Acquire Cursor-Maker Anysphere
On June 16, SpaceX activated its acquisition of Anysphere, the maker of Cursor, filing a binding merger agreement. Cursor's annualized recurring revenue (ARR) has reportedly passed $4 billion — roughly a four-fold jump from the $1 billion disclosed in November 2025.
Three key facts
A rocket company buys a coding tool. SpaceX just raised about $75B in the largest IPO ever, and is immediately turning around to buy an AI-coding company — a striking cross-industry move.
Cursor is growing ferociously. ARR from $1B to $4B in half a year — AI coding is one of the few proven, genuinely money-making AI applications right now.
Musk wants AI coding in-house. Rockets, cars, Starlink, robots — all run on mountains of software. Rather than buy tools off the shelf, just buy the best one outright.
WangDou's Take
Musk raises $75B in an IPO, then immediately spends it buying Cursor — a tool for writing code. A rocket company acquiring code-completion sounds off, but the logic is hard: building rockets, cars, and Starlink, what he's always short on isn't money — it's people and tools that write software ten times faster. Why slowly hire when you can buy the whole shovel, and the people who make it, in one shot. For the rich, "recruiting" is spelled acquisition.