# Former White House AI czar David Sacks confirmed the structure of Elon Musk’s Cursor play.

*aerospace · news · 2026-04-27 · Benzinga*

## Key points

- By 2026, SpaceX must buy Cursor for $60 billion or pay a $10 billion breakup fee.
- Cursor's projected run rate is $6 billion by 2026, tripling in under a year.
- Cursor gains xAI's foundation model resources and potential access to Colossus's 550,000 GPUs.
- SpaceX's proposed $60 billion Cursor acquisition would be at a ~50% discount if its IPO hits $2 trillion.

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

[Read the full story on Benzinga](https://www.benzinga.com/markets/prediction-markets/26/04/52066981/heres-how-spacexs-60-billion-cursor-deal-really-works)

---

Canonical: https://newsio.io/n/bd6e5f8b-1ccd-4e0a-93ad-e6634bf3b028/former-white-house-ai-czar-david-sacks-confirmed-the-structure-of-elon-musks-cur
Summarized by Newsio from Benzinga. https://newsio.io/how-it-works
