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Cursor

Cursor

AI Coding Β· US Β· Est. 2022

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Website
Current ARR
$4B
Growth
+0%
Annualized CAGR
Milestones
12
Milestone Timeline
Key ARR achievements
Jun 17, 2026
$4B
Cursor ARR hit $4B acquired by SpaceX
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Apr 22, 2026ARR Milestone

SpaceX Strikes Deal With Cursor for $60 Billion

SpaceX has struck a deal giving it the option to acquire AI coding startup Cursor for $60 billion, or pay $10 billion for a collaborative partnership. Cursor, which hit $100 million in ARR in under two years and was last valued at $29 billion, will gain access to xAI's supercomputing infrastructure to scale its AI models.

Apr 18, 2026Valuation Update

Cursor nears $2B raise at $50B valuation as ARR targets $6B by end of 2026

Cursor is closing a heavily oversubscribed funding round led by Thrive and Andreessen Horowitz at a $50B pre-money valuation. The AI coding startup hit $2B ARR in February 2025 and forecasts exceeding $6B ARR by end of 2026. The company has reached positive gross margins on its sales to large enterprises, but continues to lose money on individual developer accounts. By relying less on outside providers, Cursor is trying to avoid being replaced by its own suppliers, most notably Anthropic, whose Claude Code has emerged as the startup’s main rival.

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Overview

AI-first code editor designed to build software faster with deep LLM integration.

Founded
2022
Founders
Michael Truell, Sualeh Asif, Arvid Lunnemark, Aman Sanger
HQ
US
Industry
AI Coding
Website
cursor.com
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