{"id":723319,"date":"2026-04-22T23:00:29","date_gmt":"2026-04-22T20:00:29","guid":{"rendered":"https:\/\/buradabiliyorum.com\/en\/how-spacex-preempted-a-2b-fundraise-with-a-60b-buyout-offer\/"},"modified":"2026-04-22T23:00:29","modified_gmt":"2026-04-22T20:00:29","slug":"how-spacex-preempted-a-2b-fundraise-with-a-60b-buyout-offer","status":"publish","type":"post","link":"https:\/\/buradabiliyorum.com\/en\/how-spacex-preempted-a-2b-fundraise-with-a-60b-buyout-offer\/","title":{"rendered":"How SpaceX preempted a $2B fundraise with a $60B buyout offer"},"content":{"rendered":"
\n

Until a few hours before SpaceX announced its deal, giving it the option to acquire Cursor \u2014 the maker of AI-powered coding software \u2014 for $60 billion, Cursor was on track to close a $2 billion funding round later this week, according to a person familiar with the matter. The round would have valued the company at $50 billion. SpaceX said it would either buy the company at some point later this year or pay $10 billion to Cursor to collaborate on AI development.<\/p>\n

Cursor was app<\/a>arently running a parallel process, negotiating a potential acquisition by SpaceX while simultaneously finalizing a private funding round with investors that include Andreessen Horowitz, Thrive, Nvidia, and Battery Ventures, details of which were first reported by TechCrunch last week.<\/p>\n

It is not uncommon for startups to engage in acquisition discussions while simultaneously raising new capital. While many private companies prefer to remain independent, Cursor\u2019s $2 billion raise would have fallen short of the capital needed to reach cash-flow breakeven, likely forcing the company to raise substantial funding later, the person said.<\/p>\n

SpaceX, which recently merged with xAI, has been aiming to beef up its AI capabilities to better compete with leaders like Anthropic and OpenAI. Acquiring Cursor gives Elon Musk\u2019s company a better chance of challenging rivals in AI coding, currently the most lucrative application of the technology<\/a>.<\/p>\n

However, SpaceX is delaying the potential acquisition of Cursor until after its IPO this summer. This is largely because the company wants to avoid updating its confidential financial filings before the listing, and it will be easier to finance the $60 billion purchase using its new, publicly traded stock.<\/p>\n

The deal appears to benefit both sides for several reasons. <\/p>\n

Despite fast revenue growth, Cursor is facing fierce competition from Anthropic\u2019s Claude Code and OpenAI\u2019s Codex. Given that threat, the startup could face challenges in continuing to raise private capital to finance its massive computing needs. Even if SpaceX doesn\u2019t go through with the acquisition, Cursor is receiving a $10 billion capital injection paid out over time from Elon Musk\u2019s company.<\/p>\n

\n
\n

Techcrunch event<\/p>\n

\n

\n\t\t\t\t\t\t\t\t\tSan Francisco, CA<\/span>
\n\t\t\t\t\t\t\t\t\t\t\t\t\t|<\/span>
\n\t\t\t\t\t\t\t\t\t\t\t\t\tOctober 13-15, 2026<\/span>\n\t\t\t\t\t\t\t<\/p>\n<\/p><\/div>\n<\/p><\/div>\n<\/div>\n

Additionally, if SpaceX goes through with the acquisition, the space giant will likely keep the entire Cursor team intact. Unlike Google\u2019s purchase of Windsurf, which was structured as an acqui-hire of key individuals, SpaceX currently lacks a meaningful AI workforce and is widely seen as not having a significant AI business.<\/p>\n

Meanwhile, SpaceX has access to vast computing capacity at its data centers in Mississippi and Tennessee, which it can offer Cursor, potentially in lieu of part of the $10 billion \u201ccollaboration\u201d payment promised the coding startup. <\/p>\n

The company would also like public investors to value it as more than just a space and satellite business. By promising to potentially acquire Cursor, SpaceX positions itself as an AI company, giving it a chance to garner the much higher valuation multiple that Wall Street currently assigns to AI companies.<\/p>\n<\/div>\n

When you purchase through links in our articles, we may earn a small commission. This doesn\u2019t affect our editorial independence.<\/em><\/p>\n

If you liked the article, do not forget to share it with your friends. Follow us on\u00a0Google News<\/a><\/span>\u00a0too, click on the star and choose us from your favorites.<\/span><\/strong><\/p><\/blockquote>\n

\n

If you want to read more like this article, you can visit our Technology<\/a><\/span> category.<\/strong><\/p>\n<\/blockquote>\n

Source<\/a><\/span><\/p>\n","protected":false},"excerpt":{"rendered":"

Until a few hours before SpaceX announced its deal, giving it the option to acquire Cursor \u2014 the maker of AI-powered coding software \u2014 for $60 billion, Cursor was on track to close a $2 billion funding round later this week, according to a person familiar with the matter. The round would have valued the…<\/p>\n","protected":false},"author":1,"featured_media":723320,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"fifu_image_url":"https:\/\/techcrunch.com\/wp-content\/uploads\/2025\/12\/Anysphere-Cursor-Michael-Truell-.png?resize=1200,745","fifu_image_alt":"","footnotes":""},"categories":[18],"tags":[77337,154765,92305,70678,70917],"class_list":["post-723319","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-technology","tag-ai","tag-cursor","tag-ma","tag-spacex","tag-startups"],"_links":{"self":[{"href":"https:\/\/buradabiliyorum.com\/en\/wp-json\/wp\/v2\/posts\/723319","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/buradabiliyorum.com\/en\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/buradabiliyorum.com\/en\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/buradabiliyorum.com\/en\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/buradabiliyorum.com\/en\/wp-json\/wp\/v2\/comments?post=723319"}],"version-history":[{"count":0,"href":"https:\/\/buradabiliyorum.com\/en\/wp-json\/wp\/v2\/posts\/723319\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/buradabiliyorum.com\/en\/wp-json\/wp\/v2\/media\/723320"}],"wp:attachment":[{"href":"https:\/\/buradabiliyorum.com\/en\/wp-json\/wp\/v2\/media?parent=723319"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/buradabiliyorum.com\/en\/wp-json\/wp\/v2\/categories?post=723319"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/buradabiliyorum.com\/en\/wp-json\/wp\/v2\/tags?post=723319"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}