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Economy & Money

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

Business | The Guardian 16 June 2026, 15:12 UTC 16 Jun 2026
SpaceX to buy AI coding firm Anysphere for $60bn and passes Amazon valuation
Business | The Guardian

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 company has agreed to buy Anysphere, which has capitalised on AI’s success as a coding technology. Continue reading...

This story was reported by Business | The Guardian. EUROPES curates Europe's most relevant coverage — read the full report at the original source.

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