SpaceX Enters AI Industry with Rp1,063.9 Trillion Acquisition of Anysphere

SpaceX, the space transportation company owned by billionaire Elon Musk, is to acquire Anysphere, the software firm behind the AI coding programme Cursor. SpaceX has prepared US$60 billion, equivalent to Rp1,063.9 trillion, for the acquisition, which is seen as part of an effort to expand its business in the corporate AI market. The announcement comes just days after an initial public offering valued at US$2 trillion, immediately making it one of the world’s most valuable companies. SpaceX expects the corporate action to be completed during the third quarter of 2026, according to a Reuters report. SpaceX has been eyeing Cursor for several months. The company said in April it had secured an option to acquire the San Francisco-based Cursor for US$60 billion by the end of this year, or to pay US$10 billion for a new partnership. Alongside OpenAI and Anthropic, Cursor is one of several Silicon Valley start-ups that have attracted many developers by using artificial intelligence to automate coding. Cursor’s business has grown rapidly since its founding in 2022, with annual business-to-business revenue of around US$2.6 billion and sharply rising corporate sales, according to company data shared with Reuters earlier this month. The deal could give xAI, the maker of the Grok chatbot which merged with SpaceX in February, a stronger foothold in the AI coding market where it has so far lagged behind competitors. It would also provide Cursor with greater computing capacity to develop AI models. In March, two product engineering heads at Cursor said they were joining SpaceX to contribute to lunar projects and xAI. It remains unclear whether the deal will affect SpaceX’s agreements to lease its data centres. In recent weeks, the company has struck deals with Anthropic and Alphabet’s Google to rent cloud computing capacity worth approximately US$26 billion per year. Both agreements include a 90-day termination clause, meaning SpaceX could quickly reclaim the computing capacity if needed.