SpaceX, Newly Public, to Acquire Cursor for $60 Billion in SpaceX Funny-Money Stock

CNBC, two days ago: In November, Cursor said it crossed $1 billion in annualized revenue, according to a release at the time. Cursor was also ranked at No. 37 on the annual CNBC Disruptor 50 list in 2026. The $60 billion in class A common stock that SpaceX has agreed to pay to acquire Cursor represented a 3.4% dilution at the aerospace and tech conglomerate’s IPO valuation. Shares of SpaceX gained roughly 16% on Tuesday, topping Amazon and Microsoft by market cap and making it the fourth most valuable compa