Market2026-08-14

SpaceX has closed its $60 billion purchase of Cursor, the company behind the AI coding assistant of the same name. A regulatory filing shows the deal took effect on 14 August 2026, two months after it was agreed. The move is part of Elon Musk's effort to compete with Anthropic and OpenAI, and no product changes were announced.

What changed

Cursor was an independent company; the deal had been agreed but not closed.

  • $60 billion purchase price
  • closed two months after announcement

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