SpaceX to buy AI coding firm Anysphere for $60bn and passes Amazon valuation

Guardian Business•Tue, Jun 16, 2026, 03:12 PM•2 min read

Elon Musk firm adds startup behind Cursor app to its portfolio with xAI and reaches $2. 8tn market capitalisation Elon Musk’s SpaceX is buying the startup behind the AI-powered coding app Cursor for $60bn (£44bn) and has moved ahead of Amazon in valuation days after its stock market debut . The ...

Source: [Guardian Business](https://www.theguardian.com/science/2026/jun/16/spacex-ai-coding-anysphere-cursor-amazon-market-valuation-xai)

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