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SpaceX's $60 Billion Cursor Acquisition Changes Everything. Here's Why.

The Motley Fool·
SpaceX's $60 Billion Cursor Acquisition Changes Everything. Here's Why.

SpaceX announced a $60 billion acquisition of Anysphere, developer of the AI-powered code editor Cursor, to be paid entirely in new shares. The deal aims to strengthen SpaceX's AI capabilities, which the company views as its largest addressable market at $28.5 trillion. While SpaceX's AI division (xAI) generated $818 million in revenue in Q1 2026, it reported a $2.5 billion operating loss. Cursor brings $4 billion in annualized revenue and enterprise deals with companies like Nvidia.

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