# SpaceX announced the deal on X, pre-empting a New York Times report that framed it as a completed acquisition.

*aerospace · news · 2026-04-22 · TNW*

## Key points

- SpaceX secured a call option to acquire Cursor for $60 billion by end of 2026.
- If unexercised, SpaceX pays $10 billion for shared AI development and compute access with Cursor.
- Cursor reached $2 billion annualized recurring revenue in three years, fastest B2B scaling on record.
- xAI rented tens of thousands of GPUs to Cursor before the official announcement, predating the public deal.
- Cursor was simultaneously negotiating a $2 billion funding round at $50+ billion valuation when the SpaceX deal emerged.

**Companies:** SpaceX, Cursor, Anysphere
**Countries:** United States

[Read the full story on TNW](https://thenextweb.com/news/spacex-cursor-60-billion-acquisition)

---

Canonical: https://newsio.io/n/5e547708-ef8e-418a-a283-e24ba235090b/spacex-announced-the-deal-on-x-pre-empting-a-new-york-times-report-that-framed-i
Summarized by Newsio from TNW. https://newsio.io/how-it-works