Cursor Stock: Now Part of SpaceX (Nasdaq: SPCX)
Acquired by SpaceX (Nasdaq: SPCX) — SpaceX agreed to acquire Anysphere, the maker of Cursor, for $60 billion in an all-stock deal announced in June 2026. Cursor is no longer a standalone private company; its value now sits inside publicly traded SpaceX (Nasdaq: SPCX).
Status source: SpaceX/Anysphere $60B all-stock acquisition, announced 16 June 2026
$141.31 per share (SpaceX (Nasdaq: SPCX) share price)
Source: SpaceX (Nasdaq: SPCX) share price · as of 3 November 2026
Last round valuation: $29B
Source: D, November 2025, post-money
Total raised: $3.4B
Data last updated: 3 November 2026
About Cursor
Next-generation AI code editor — the fastest-growing SaaS product in history.
Cursor is a VS Code-based AI code editor used by 74% of developers; it runs 8x faster than GitHub Copilot and understands the context of an entire repository. It reached $2.3B ARR in 3.5 years, a record among SaaS companies. 60% of revenue comes from enterprise clients: NVIDIA, Coinbase, Stripe, OpenAI, and Shopify. It turned down an acquisition offer from OpenAI, building an independent leader in AI development instead.
- Sector: Artificial Intelligence
- Headquarters: San Francisco, CA
- Founded: 2022
Key highlights
- Enterprises are switching to Cursor en masse. 60% of revenue already comes from enterprise customers — and these aren't pilots: NVIDIA moved all 40,000 of its engineers over, Coinbase moved 100% of its developers. Contracts run $50K-$150K versus an average $276 for an individual user, and 64% of the customer base is Fortune 500 companies.
- AI agents are replacing developers. Cursor launched cloud agents that work autonomously on virtual machines with no human involvement. Agents already create 35% of all pull requests, and agent usage grew 15x in a year. A $200-500/month per-agent subscription opens up a multi-billion-dollar new market.
- Revenue is doubling every 3 months. ARR grew from $1.2B (November 2025) to $2.3B (February 2026) — no SaaS product in history has scaled this fast. Despite competition from Claude Code, enterprise customers keep expanding their licenses.
- A platform, not just an editor. The $290M acquisition of Graphite and the launch of the multi-agent Composer are turning Cursor into a full development platform. Its own AI model will reduce reliance on model providers and lift margins from about 20% to 70-80%.
- The AI-for-code market is just getting started. It's a $5B market today, headed to $30B by 2032. Nearly half of companies already pay for multiple AI tools at once, and Cursor holds the highest-margin segment — native AI editors for the enterprise.
Funding rounds
| Date | Round | Price / share | Post-money valuation |
|---|---|---|---|
| 13 November 2025 | D | $630.13 | $29B |
| 5 June 2025 | C | $233.97 | $9.9B |
| 14 January 2025 | B | $69.92 | $2.6B |
| 9 August 2024 | A | $12.51 | $400M |
| 11 October 2023 | Seed-1 | $2.25 | $59M |
| 1 April 2022 | Seed-2 | $2.17 | $25M |
Latest news
Frequently asked questions
Can I buy Cursor stock?
Yes — on the public market, through any broker. SpaceX agreed to acquire Anysphere, the maker of Cursor, for $60 billion in an all-stock deal announced in June 2026. Cursor is no longer a standalone private company; its value now sits inside publicly traded SpaceX (Nasdaq: SPCX). There is no pre-IPO allocation to offer.
What is the Cursor stock price?
The share price is set by the public market and changes continuously. The figure on this page is the SpaceX (Nasdaq: SPCX) share price, $141.31 as of 3 November 2026; use a market data provider for the live quote.
When will Cursor IPO?
SpaceX agreed to acquire Anysphere, the maker of Cursor, for $60 billion in an all-stock deal announced in June 2026. Cursor is no longer a standalone private company; its value now sits inside publicly traded SpaceX (Nasdaq: SPCX).
Is Cursor publicly traded?
Yes. SpaceX agreed to acquire Anysphere, the maker of Cursor, for $60 billion in an all-stock deal announced in June 2026. Cursor is no longer a standalone private company; its value now sits inside publicly traded SpaceX (Nasdaq: SPCX).
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Risk disclosure
Nothing on this page is an offer to sell or a solicitation to buy any security, and it is not investment advice. Valuations and share prices shown here are AXEVIL estimates built from primary sources — filings, announced rounds and completed secondary transactions — not quoted market prices, and they can be revised. Private-company shares are illiquid, may be impossible to sell, and the entire amount invested can be lost. Availability depends on your jurisdiction and on accredited-investor status.