SpaceX Acquires AI Coding Firm Anysphere for $60 Billion, Surpasses Amazon Valuation
Elon Musk's SpaceX is set to acquire Anysphere, the startup responsible for the AI-powered coding app Cursor, in a deal valued at $60 billion. This acquisition further expands Musk's portfolio, which already includes xAI. Following the announcement, SpaceX's market capitalization has reportedly reached $2.8 trillion, exceeding Amazon's valuation shortly after its stock market debut.
SpaceX, led by Elon Musk, has agreed to acquire Anysphere, the company behind the AI-powered coding application known as Cursor, for $60 billion. Anysphere has leveraged the advancements in artificial intelligence to develop its coding technology.
This acquisition marks a significant expansion for SpaceX, adding to Elon Musk's existing portfolio, which also includes xAI.
Days after its stock market debut, SpaceX's market capitalization has reportedly reached $2.8 trillion. This valuation positions the company ahead of Amazon in terms of market value.
According to The Guardian Tech, SpaceX has moved ahead of Amazon in valuation following the acquisition announcement.
