SpaceX Closes $60B Anysphere Acquisition, Issuing 389M Shares
SPCX sits 37% above its 52-week low of $104.83.
Summary
SpaceX closed its $60 billion acquisition of Anysphere (Cursor), issuing 389.3 million shares of Class A common stock to Cursor shareholders and assuming Cursor's equity awards.
Key Events · M&A and Partnerships · SPCX
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Merger Completed
The acquisition of Anysphere (Cursor) closed on August 14, 2026, as previously announced on June 16, 2026.
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Share Issuance
Cursor shareholders received 389,289,254 shares of SpaceX Class A common stock, based on an implied equity value of $60.0 billion.
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Equity Award Conversion
Vested Cursor RSUs converted into 1,752,426 shares; unvested RSUs and options were assumed and converted into 29,128,326 SpaceX RSUs and 44,365,047 stock options.
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Pricing Mechanism
The share price for the merger consideration was based on the volume-weighted average closing price over the seven trading days preceding closing.
Analysis · SPCX · Technology
The acquisition of Anysphere (Cursor) closed on August 14, 2026, with SpaceX issuing approximately 389.3 million shares of Class A common stock to Cursor shareholders, plus additional shares for vested RSUs and assumed equity awards. Originally announced on June 16, 2026, the deal's completion is confirmed in this filing, which also provides the final share counts. The issuance of 389.3 million shares represents a significant dilution to existing shareholders, though the acquisition brings a high-growth AI asset into SpaceX's portfolio. The transaction was priced based on the volume-weighted average closing price over the seven trading days preceding closing, which aligns with the current market price of $143.418.
At the time of this filing, SPCX was trading at $143.42 on NASDAQ in the Technology sector, with a market capitalization of approximately $1.9T. The 52-week trading range was $104.83 to $225.64. This filing was assessed with neutral market sentiment and an importance score of 8 out of 10.