Per latest reporting, Cursor's current annual revenue rate is $4 billion.

So SpaceX is buying 15 years of future cashflows, assuming no change in revenue. Which is bad assumption given past growth was gigantic.

They are also buying 300-400 employees with proven record of training good coding models.

Their expertise will be used to improve Grok Build coding agent.

Also, they're using stock, not cash, so effectively they doubled the amount of money raised.

It's $60B in SPCX stock, not in cash.

https://techcrunch.com/2026/06/16/spacex-to-acquire-cursor-f...

Not even an IDE. A workflow built on top of an opensource editor.

Unsure if you're serious, but if you are, they wouldn't buy with cash, at least not the vast majority of it.

Money laundry

its for the distribution, talent, proprietary data. spacex has the compute, and elon wants to win in AI.

Nope. They pay with the monopoly money, dilluting the shareholders.