On June 16, 2026, Space Exploration Technologies Corp. entered into a Merger Agreement to acquire Anysphere, Inc. (Cursor) through a wholly owned subsidiary, X67 Inc. The transaction values Cursor at an implied equity value of $60.0 billion, with Cursor shareholders receiving Class A common stock based on the volume-weighted average closing price over the seven trading days preceding the closing. The merger is expected to close in the third quarter of 2026, subject to regulatory approvals. The company operates in the aerospace and space transportation industry, developing launch vehicles and spacecraft.
