June 16, 2026
To the moon… for a coding app?
SpaceX to buy Cursor AI coding agent operator Anysphere for $60B
Fresh off its market debut, SpaceX shocks fans by spending a fortune on a coding app
TLDR: SpaceX is buying Cursor maker Anysphere for $60 billion to grow its artificial intelligence business tools, turning a popular coding assistant into part of Elon Musk’s larger empire. Commenters are split between calling it a genius power move, mocking it as absurdly overpriced, and joking that someone should leash these “coding agents.”
Wall Street got one story, but the internet got a full-blown comment-section circus. SpaceX says it’s buying Anysphere, the company behind coding helper Cursor, for a jaw-dropping $60 billion in stock, folding it into Elon Musk’s growing artificial intelligence empire. The official pitch is simple: SpaceX wants a bigger piece of the booming business market for AI tools, and Cursor gives it a fast track. But online, people were far less focused on the strategy than on the sheer audacity of the price tag.
The loudest reaction? Disbelief. One commenter gasped that SpaceX was using “80% of what they raised 4 days ago to buy an IDE,” basically translating the deal into plain English: you just went public and now you’re blowing the cash on a fancy coding app? Another immediately fired off the classic bubble alarm: “Definitely not a bubble.” Others weren’t even arguing about whether it was smart — they were asking whether this wasn’t already old news, pointing to SEC filings and earlier deal terms that hinted this marriage had been cooking for a while.
And because no internet pile-on is complete without jokes, the thread also delivered peak nerd comedy: one user, riffing on the term “coding agent,” announced they were “open to suggestions for coding agent harnesses.” So yes, this is a giant business move. But in the court of public opinion, it’s currently being tried as a mix of mega-deal, possible hype frenzy, and extremely expensive software shopping spree.
Key Points
- •SpaceX agreed to buy Anysphere, the company behind the AI coding tool Cursor, for $60 billion in an all-stock deal.
- •Reuters says the acquisition is intended to strengthen SpaceX and xAI in enterprise AI tools and AI coding.
- •Anysphere, founded in 2022 and based in San Francisco, had about $2.6 billion in annualized B2B revenue according to data previously shared with Reuters.
- •The transaction is expected to close in the third quarter of 2026, and SpaceX said it will not use IPO proceeds to fund the purchase.
- •SpaceX recently signed cloud-capacity leasing deals with Anthropic and Google worth roughly $26 billion combined annually, with 90-day termination clauses.