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.
Cursor Historical Milestones
Jun 17, 2026
Cursor ARR hit $4B acquired by SpaceX$4B
Jun 9, 2026
Cursor ARR hit $4B ahead of SpaceX IPO$4B
⚡ Grew from $2.7B to $4B ARR in just 1.5 months (beating 83% of SaaS peers)
Apr 24, 2026
Cursor reaches $2.7B ARR with 14x YoY growth$2.7B
⚡ Grew from $2B to $2.7B ARR in just 1.7 months (beating 69% of SaaS peers)