SpaceX buys Cursor for $60 billion, the biggest deal yet in AI coding tools

My take: SpaceX confirmed the acquisition of Anysphere, the company behind Cursor, in an all-stock deal worth $60 billion, days after the company's record-breaking IPO. Cursor generates roughly $4 billion in annualized recurring revenue and becomes the centerpiece of the xAI/SpaceX coding tools push. The AI coding assistant market is now highly consolidated: Microsoft has Copilot, OpenAI has Codex and Windsurf, SpaceX has Cursor and Grok Build, and Anthropic has Claude Code.