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SpaceX to buy AI coding firm Anysphere for $60bn and passes Amazon valuation

Elon Musk firm adds startup behind Cursor app to its portfolio with xAI and reaches $2.8tn market capitalisation

Elon Musk’s SpaceX is buying the startup behind the AI-powered coding app Cursor for $60bn (£44bn) and has moved ahead of Amazon in valuation days after its stock market debut.

The company has agreed to buy Anysphere, which has capitalised on AI’s success as a coding technology.

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Jun 16, 2026 SpaceX AI (artificial intelligence) Elon Musk

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