PiggyGPT

Private companiesCovered

Anysphere (Cursor)

San Francisco, CA · Founded 2022

Anysphere develops Cursor, an AI-assisted code editor and agent environment for software developers, and has been a wholly owned subsidiary of SpaceX since August 2026.

Funding

Last round or tender
Series D, Nov 13, 2025, $2.30B raisedCursor (company blog), Nov 13, 2025
Last valuation
$29.30B, Nov 13, 2025Cursor (company blog), Nov 13, 2025

Secondary venues

A venue is listed when its public page named the company on the date shown. Nothing is recorded from behind a login, and no indicative price is shown anywhere on this site.

Reads

Acquisition: Closed

The acquisition completed.

Prepared by PiggyGPT, as of Oct 6, 2026

Signals

  • Apr 17, 2026TechCrunch reported Cursor was in talks to raise $2 billion or more at a $50 billion post-money valuation, six months after the Series D.TechCrunch, Apr 17, 2026
  • Apr 21, 2026Bloomberg reported that SpaceX announced an agreement giving it the right to acquire Cursor for $60 billion later in 2026 or to pay $10 billion for the companies’ joint work.Bloomberg News (via Bloomberg Law), Apr 22, 2026
  • Jun 16, 2026Anysphere, Space Exploration Technologies Corp. and a merger subsidiary signed an Agreement and Plan of Merger converting Anysphere stock into SpaceX stock at an implied equity value of $60 billion.SEC (SpaceX Form 8-K exhibit 10.1), Jun 16, 2026
  • Jun 16, 2026TechCrunch reported the $60 billion all-stock deal with an expected close in the third quarter of 2026, and that Cursor had been preparing a $2 billion round at $50 billion before the SpaceX arrangement.TechCrunch, Jun 16, 2026
  • Aug 14, 2026SpaceX filed a Form 8-K stating the merger became effective, with Cursor stock converted into 389,289,254 SpaceX Class A shares at an implied equity value of $60.0 billion.SEC (SpaceX Form 8-K), Aug 14, 2026
  • Aug 14, 2026Cursor announced it has been acquired by SpaceX.Cursor (company blog), Aug 14, 2026

Named counterparties

  • SpaceXThe acquirer; the merger closed on August 14, 2026 per its Form 8-K, after the April option agreement and the June merger agreement.SEC (SpaceX Form 8-K), Aug 14, 2026

Counterparties are named for a cited reason: a partnership, an investment, or a stated appetite. Naming is not a forecast.

A summary of what the figures on this page add up to, prepared by PiggyGPT from the record on file and its cited sources. Not the Street's view, and not advice.

Sources

Researched Oct 6, 2026