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Published June 16, 2026 at 11:21 AM

TechCrunch

Jun 17, 2026, 6:00 AM

SpaceX to acquire Cursor for $60B in stock, days after blockbuster IPO

SpaceX to acquire Cursor for $60B in stock, days after blockbuster IPO

The deal is supposed to help SpaceX's struggling AI division. The company told IPO investors it sees a $26 trillion addressable market in AI.

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Canonical URL for this story: https://techcrunch.com/2026/06/16/spacex-to-acquire-cursor-for-60b-in-stock-days-after-blockbuster-ipo/