Mergers & Acquisitions ·
Space Exploration Technologies Corp. completed its acquisition of Anysphere, Inc. (Cursor) on August 14, 2026, through…
SPCXThe SPAC and New Issue ETF
Space Exploration Technologies Corp. completed its acquisition of Anysphere, Inc. (Cursor) on August 14, 2026, through a merger with subsidiary X67 Inc. Cursor shareholders received an aggregate of 389,289,254 shares of Space Exploration's Class A common stock, reflecting an implied equity value for Cursor of $60.0 billion based on the seven-day volume-weighted average closing price preceding the close. Vested restricted stock units converted into 1,752,426 additional shares, while unvested RSUs and options were assumed as approximately 29,128,326 new RSUs and 44,365,047 stock options respectively. Space Exploration Technologies Corp. operates in the aerospace industry, designing, manufacturing, and launching advanced rockets and spacecraft.