Cursor at a glance
As of- [1] Latest valuation: TechCrunch, August 14, 2026
- [2] Lead investors: CNBC, November 13, 2025
- [3] Founded: Wikipedia (retrieved September 5, 2026)
- [4] Headquarters: Wikipedia (retrieved September 5, 2026)
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Company Snapshot
Cursor is based in San Francisco, California, USA, founded 2022 by Michael Truell, Sualeh Asif, Aman Sanger, Arvid Lunnemark.
Recent changes
- Oct 15, 2026Oct 15, 2026Cursor Staff Flagged Data Leaks To SpaceX Before $60B Deal Pulse story
- Aug 29, 2026Aug 29, 2026OpenAI Cuts Off Cursor's Model Access After SpaceX Deal Pulse story
- Aug 15, 2026Aug 15, 2026Acquired by SpaceX for $60B (all-stock) TechCrunch
- Aug 15, 2026Aug 15, 2026SpaceX Officially Closes Its $60B Cursor Acquisition Pulse story
- Aug 14, 2026Aug 14, 2026SpaceX Closes $60B Cursor Deal, Largest Startup Exit Ever Pulse story
Earlier changes (15)
- Aug 14, 2026Aug 14, 2026Valuation rose from $29.3B to $60B TechCrunch
- Jul 2, 2026Jul 2, 2026Chinese Lab Z.ai Launches ZCode to Challenge Cursor, Claude Code and GitHub Copilot Pulse story
- Jul 2, 2026Jul 2, 2026Z.ai Launches ZCode, a Free IDE for GLM-5.2, to Challenge Cursor, Claude Code and Copilot Pulse story
- Jun 29, 2026Jun 29, 2026Cursor Launches a Mobile App to Steer Your Coding Agent on the Go Pulse story
- Jun 25, 2026Jun 25, 2026SpaceX Acquires AI Coding Startup Cursor for $60B in the Year's Largest Startup M&A Deal Pulse story
- Jun 25, 2026Jun 25, 2026SpaceX's $60B Cursor Deal Puts the US on Track for a Record Startup M&A Year Pulse story
- Jun 21, 2026Jun 21, 2026SpaceX to Acquire Cursor for $60B in Stock -- the Largest Buyout of a Venture-Backed Startup Ever Pulse story
- May 2026May 2026First reported arr: $4B (as of May 2026, up from ~$100M a year earlier)Estimated Company profile
- Nov 13, 2025Nov 13, 2025Raised $2.3B Series D at a $29.3B valuation CNBC
- Nov 13, 2025Nov 13, 2025First reported valuation: $29.3B CNBC
- Nov 13, 2025Nov 13, 2025New investor: Coatue Management CNBC
- Nov 13, 2025Nov 13, 2025New investor: Accel CNBC
- Nov 13, 2025Nov 13, 2025New investor: Nvidia CNBC
- Nov 13, 2025Nov 13, 2025New investor: Google CNBC
- Dec 19, 2024Dec 19, 2024Reportedly raised $100M Series B at a $2.6B valuationRumored TechCrunch
Funding history
3 equity events · newest first · sources dated per row| Date | Round | Amount | Valuation | Lead investors | Source |
|---|---|---|---|---|---|
| Nov 13, 2025 | Series D | $2.3B | $29.3Bpost-money | AccelunverifiedCoatue Managementunverified | CNBC |
| Dec 19, 2024 | Series BRumorednot counted: rumored | $100M | $2.6Bpost-money | TechCrunch | |
| Aug 9, 2024 | Series ARumorednot counted: rumored | $60M | $400Mpost-money | Andreessen HorowitzunverifiedThrive Capitalunverified | TechCrunch |
Equity only. “Equity raised” above sums the rounds with a dated, linked source; rumored rounds, tender offers and secondary sales are listed but not counted, and debt financing is listed separately.
Debt, IPO & other events
not counted in equity raised| Date | Event | Amount | Valuation | Investors | Source |
|---|---|---|---|---|---|
| Aug 15, 2026 | Acquisition | $60B (all-stock) | — | SpaceXLead | TechCrunch |
Investors
Latest Pulse
- Oct 15, 2026Cursor Staff Flagged Data Leaks To SpaceX Before $60B DealCursor engineers investigated in July 2026 whether an internal tool called Sand routed confidential client data into SpaceX's AI systems while testing Grok, weeks before SpaceX's $60 billion acquisition of the company closed.→
- Sep 17, 2026OpenAI Poaches SpaceX's Brian McCarthy As Sales ChiefOpenAI hired Brian McCarthy from SpaceX's Cursor unit as its first global sales chief, plus two senior Snowflake sales executives, in new CRO Dali Rajic's first major hires since joining a month ago.→
- Sep 3, 2026What SpaceX's $1.77T IPO War Chest Is BuyingSince its record $75 billion June IPO, SpaceX has used its newly public stock to fund an all-stock merger with xAI and a $60 billion acquisition of Cursor-maker Anysphere -- the most aggressive post-IPO acquisition spree of any 2026 debut.→
- Sep 2, 2026One Git Flaw Can Hijack Claude Code, Cursor, GrokGitSpawn, a newly disclosed vulnerability class, lets a booby-trapped repository silently execute code the moment it's opened in an AI coding agent, with no click or prompt required.→
- Aug 30, 2026AI Labs Are Now Cutting Off Their Own PortfolioOpenAI is severing Cursor's model access after SpaceX bought it -- the clearest sign yet that frontier AI labs now treat model access itself as a strategic weapon, not a neutral utility.→
- Aug 29, 2026OpenAI Cuts Off Cursor's Model Access After SpaceX DealOpenAI will stop supplying its models to Cursor on Nov. 12, saying it can't trust SpaceX -- Cursor's new owner after a $60 billion acquisition -- to honor its contract terms.→
- Aug 24, 2026Musk Tells Cursor Team: 'Grok Is Falling Behind'In his first address to Cursor's team since the company entered its orbit, Elon Musk warned staff that Grok is losing ground in coding AI and pushed for tighter integration with xAI.→
- Aug 20, 2026Why I'd Rather Back the Acquirer Than Wait for the IPOBetween Stripe buying OpenRouter and SpaceX buying Anysphere, $67.5B moved through M&A in six weeks. Anthropic's IPO won't price until November at the earliest. As an early check-writer, I'd rather back the company doing the buying.→
- Aug 20, 2026What $67B in AI Buyouts Says About Where Value Is MovingStripe's $7.5B OpenRouter deal and SpaceX's $60B Anysphere buyout total $67.5B in AI M&A in six weeks, while Etched's $21B venture valuation shows the same distribution/infrastructure bet playing out in funding rounds too.→
- Aug 19, 2026SpaceX Tried to Buy AI Coding Startup CognitionSpaceX approached AI coding startup Cognition about an acquisition just five days after closing its $60B purchase of Cursor, but Cognition's CEO says the company never engaged and is not for sale.→
Coverage Timeline
newest first- Oct 15, 2026BIG TECHCursor Staff Flagged Data Leaks To SpaceX Before $60B Deal$60B SpaceX-Cursor Deal→
- Sep 17, 2026AIOpenAI Poaches SpaceX's Brian McCarthy As Sales Chief→
- Sep 3, 2026IPOWhat SpaceX's $1.77T IPO War Chest Is Buying→
- Sep 2, 2026AIOne Git Flaw Can Hijack Claude Code, Cursor, Grok→
- Aug 30, 2026BIG TECHAI Labs Are Now Cutting Off Their Own Portfolio→
- Aug 29, 2026BIG TECHOpenAI Cuts Off Cursor's Model Access After SpaceX Deal5% of Cursor traffic→
- Aug 24, 2026AIMusk Tells Cursor Team: 'Grok Is Falling Behind'→
- Aug 20, 2026IPOWhy I'd Rather Back the Acquirer Than Wait for the IPO→
- Aug 20, 2026BIG TECHWhat $67B in AI Buyouts Says About Where Value Is Moving→
- Aug 19, 2026BIG TECHSpaceX Tried to Buy AI Coding Startup Cognition→
- Aug 17, 2026AICursor Launches Origin to Take On GitHub→
- Aug 17, 2026IPOAI's Best Exits Are Trades, Not Listings$7B+ largest AI trade sale→
- Aug 15, 2026AISpaceX Officially Closes Its $60B Cursor Acquisition$60B all-stock→
- Aug 14, 2026BIG TECHSpaceX Closes $60B Cursor Deal, Largest Startup Exit Ever$60B all-stock→
- Aug 13, 2026FUNDINGMindgard Raises $30M to Red-Team Enterprise AI Systems$30M Series A→
- Aug 11, 2026FUNDINGAccel Raises $3.5B for Early-Stage Global AI Bets$3.5B fund→
- Aug 9, 2026BIG TECHSpaceX's $60B Cursor Deal Enters Its Final Stretch→
- Aug 7, 2026IPOSpaceX Swings From Post-Earnings Drop to 16% Rally$7.81B Q2 revenue→
- Aug 6, 2026FUNDINGNaive Raises $28.5M for AI Agents That Run Companies$28.5M Series A→
- Jul 28, 2026AICursor Customers Push Back on Price Hikes→
- Jul 23, 2026AICursor, Soon SpaceX's, Expands Its CFO Council→
- Jul 2, 2026FUNDINGCrunchbase: Global Startup Funding Hit a Record $510B in H1 2026 as AI Swallows the Market$510B H1 2026→
- Jul 2, 2026AIZ.ai Launches ZCode, a Free IDE for GLM-5.2, to Challenge Cursor, Claude Code and CopilotUp to 82% cheaper than Opus 4.8→
- Jul 2, 2026AIChinese Lab Z.ai Launches ZCode to Challenge Cursor, Claude Code and GitHub CopilotNew product launch→
- Jul 1, 2026AISpaceX Has an AI Device Prototype, Report Says — Then Musk Publicly Denies ItDenied by Musk→
- Jun 29, 2026IPOQ2 2026 Delivers the Most Billion-Dollar Startup Exits Since the 2021 PeakMost $1B+ exits since 2021→
- Jun 29, 2026IPOCrunchbase: Q2 2026 Delivered the Most Billion-Dollar Startup Exits Since the 2021 PeakMost exits since 2021→
- Jun 29, 2026AICursor Launches a Mobile App to Steer Your Coding Agent on the GoMobile agent control→
- Jun 29, 2026IPOQ2 2026 Delivered the Most Billion-Dollar Startup Exits Since 2021Most exits since 2021→
- Jun 25, 2026IPOSpaceX's $60B Cursor Deal Puts the US on Track for a Record Startup M&A Year$119.8B+ YTD→
- Jun 25, 2026BIG TECHSpaceX Acquires AI Coding Startup Cursor for $60B in the Year's Largest Startup M&A Deal$60B→
- Jun 24, 2026AIAI Was Supposed to Kill Engineering Jobs -- New Data Suggests They're the Most Resilient→
- Jun 21, 2026BIG TECHSpaceX to Acquire Cursor for $60B in Stock -- the Largest Buyout of a Venture-Backed Startup Ever$60B→
- Jun 18, 2026BIG TECHSpaceX Buys Cursor Maker Anysphere in $60B All-Stock Deal~$60B→
- Jun 18, 2026IPOSpaceX (SPCX) -- Record $85.7B IPO, Up 58% in Four Sessions$85.7B→
- Jun 16, 2026BIG TECHSpaceX Buys Cursor for $60B in All-Stock Deal -- Its First Move as a Public Company$60B→
All Coverage
12 most recent shown — all 36 stories are in the timeline aboveBIG TECH$60B SpaceX-Cursor Deal
Cursor Staff Flagged Data Leaks To SpaceX Before $60B Deal
Cursor engineers investigated in July 2026 whether an internal tool called Sand routed confidential client data into SpaceX's AI systems while testing Grok, weeks before SpaceX's $60 billion acquisition of the company closed.
DEEP DIVE
OpenAI Poaches SpaceX's Brian McCarthy As Sales Chief
AI
OpenAI Poaches SpaceX's Brian McCarthy As Sales Chief
OpenAI hired Brian McCarthy from SpaceX's Cursor unit as its first global sales chief, plus two senior Snowflake sales executives, in new CRO Dali Rajic's first major hires since joining a month ago.
DEEP DIVE
What SpaceX's $1.77T IPO War Chest Is Buying
IPO
What SpaceX's $1.77T IPO War Chest Is Buying
Since its record $75 billion June IPO, SpaceX has used its newly public stock to fund an all-stock merger with xAI and a $60 billion acquisition of Cursor-maker Anysphere -- the most aggressive post-IPO acquisition spree of any 2026 debut.
DEEP DIVE
One Git Flaw Can Hijack Claude Code, Cursor, Grok
AI
One Git Flaw Can Hijack Claude Code, Cursor, Grok
GitSpawn, a newly disclosed vulnerability class, lets a booby-trapped repository silently execute code the moment it's opened in an AI coding agent, with no click or prompt required.
DEEP DIVE
AI Labs Are Now Cutting Off Their Own Portfolio
BIG TECH
AI Labs Are Now Cutting Off Their Own Portfolio
OpenAI is severing Cursor's model access after SpaceX bought it -- the clearest sign yet that frontier AI labs now treat model access itself as a strategic weapon, not a neutral utility.
DEEP DIVE
OpenAI Cuts Off Cursor's Model Access After SpaceX Deal
BIG TECH5% of Cursor traffic
OpenAI Cuts Off Cursor's Model Access After SpaceX Deal
OpenAI will stop supplying its models to Cursor on Nov. 12, saying it can't trust SpaceX -- Cursor's new owner after a $60 billion acquisition -- to honor its contract terms.
DEEP DIVE
Musk Tells Cursor Team: 'Grok Is Falling Behind'
AI
Musk Tells Cursor Team: 'Grok Is Falling Behind'
In his first address to Cursor's team since the company entered its orbit, Elon Musk warned staff that Grok is losing ground in coding AI and pushed for tighter integration with xAI.
DEEP DIVE
Why I'd Rather Back the Acquirer Than Wait for the IPO
IPO
Why I'd Rather Back the Acquirer Than Wait for the IPO
Between Stripe buying OpenRouter and SpaceX buying Anysphere, $67.5B moved through M&A in six weeks. Anthropic's IPO won't price until November at the earliest. As an early check-writer, I'd rather back the company doing the buying.
THE VC READ
What $67B in AI Buyouts Says About Where Value Is Moving
BIG TECH
What $67B in AI Buyouts Says About Where Value Is Moving
Stripe's $7.5B OpenRouter deal and SpaceX's $60B Anysphere buyout total $67.5B in AI M&A in six weeks, while Etched's $21B venture valuation shows the same distribution/infrastructure bet playing out in funding rounds too.
DEEP DIVE
SpaceX Tried to Buy AI Coding Startup Cognition
BIG TECH
SpaceX Tried to Buy AI Coding Startup Cognition
SpaceX approached AI coding startup Cognition about an acquisition just five days after closing its $60B purchase of Cursor, but Cognition's CEO says the company never engaged and is not for sale.
DEEP DIVE
Cursor Launches Origin to Take On GitHub
AI
Cursor Launches Origin to Take On GitHub
Cursor's maker Anysphere launched Origin, an AI-native code hosting platform built into the editor, the same week a major GitHub outage exposed how much of the AI coding stack leans on a single hosting layer.
DEEP DIVE
AI's Best Exits Are Trades, Not Listings
IPO$7B+ largest AI trade sale
AI's Best Exits Are Trades, Not Listings
Stripe's $7 billion purchase of OpenRouter, SpaceX's Cursor deal and consolidation among eVTOL makers point to strategic acquisition replacing the public offering as the primary liquidity path for AI-era companies.
DEEP DIVE
Value Add Research
- AI & Technology · Jun 21, 2026Cursor Valuation: $60B SpaceX Buyout, Closed Aug 14, 2026
- Company Deep Dive · Oct 29, 2026Lovable Deep Dive 2026: $13.3B Valuation, $600M+ ARR
- AI & Technology · Oct 27, 2026How Does Together AI Make Money? $1.15B Bookings, 2026
- Company Deep Dive · Oct 19, 2026SpaceX 2026 Deep Dive: $2T Cap, Starlink Profits, xAI Bet
- AI & Technology · Oct 17, 2026Linus Torvalds AI Coding 2026: 'Fork It, or Just Walk Away'
Related Companies
The VC Read
Cursor went from MIT side project to $4B ARR to a closed $60B SpaceX acquisition in under four years — the single clearest data point that AI coding is a real, durable market, not a demo. The deal closing, not just being announced, is the eyebrow-raiser: it confirms the AI-dev layer is now strategic enough that a non-software giant will actually hand over $60B in stock to own the tool its engineers live in. Watch whether enterprise retention holds now that Cursor sits inside SpaceXAI — that's the whole thesis.
How Cursor makes money
Cursor is B2B SaaS for software development: a free Hobby tier, a ~$20/month Pro plan, and Business/Enterprise seats (~$40-$60/user/month), plus usage-based pricing for premium model requests. The enterprise tier is the growth engine as teams standardize on AI-assisted coding.
Its ARR ladder is one of the fastest in software history — roughly $100M (Jan 2025) → $500M (June) → $1B+ (Nov) → $2B (Feb 2026) → $4B (May 2026) — which is what drew a $29.3B Series D and then SpaceX's $60B acquisition.
Competitors
- GitHub Copilot — The incumbent with the largest installed base.
- Claude Code — Terminal-native agentic coding from Anthropic.
- Devin Desktop (Cognition) — Rival agentic IDE (formerly Windsurf).
- Replit — Browser-based build-and-deploy.
Profile sources (verified 2026-08-28): TechCrunch — SpaceX to acquire Cursor for $60B (June 2026) · AI Weekly — SpaceX closes $60B Cursor deal, folds it into SpaceXAI unit (Aug. 2026) · Wikipedia — Cursor (company)
Cursor FAQ
Who acquired Cursor?
SpaceX acquired Cursor (Anysphere) in an all-stock deal valued at approximately $60 billion. Announced in June 2026, the deal closed on August 14, 2026, and Cursor now operates as part of a new SpaceXAI division.
What is Cursor's ARR?
Cursor reached roughly $4 billion in annualized revenue by May 2026, up from about $100 million 16 months earlier — one of the fastest revenue ramps in software history.
How does Cursor make money?
Through subscription tiers — a free Hobby plan, ~$20/month Pro, and $40-$60/user/month Business/Enterprise plans — plus usage-based pricing for premium AI model requests.
What is Cursor's valuation?
Cursor was last valued at $60B, according to TechCrunch (August 14, 2026).
Who invested in Cursor?
Lead investors in Cursor's sourced funding rounds include Accel and Coatue Management. Per round: its November 2025 Series D was led by Accel and Coatue Management.
When was Cursor founded and where is it based?
Cursor was founded in 2022 and is headquartered in San Francisco, California, USA, according to Wikipedia.
Sources & methodologyshow
Where these figures come from
- TechCrunchmajor outlet2 facts
- CNBCmajor outlet1 fact
- TechCrunchmajor outlet1 fact
- TechCrunchmajor outlet1 fact
- Value Add VC entity registryunspecified source1 fact
Figures are labelled Reported (a source states it), Estimated, Derived (computed from other facts) or Rumored (in talks / unconfirmed). Rumors never replace a confirmed figure. Each figure keeps its own as-of date; history is preserved rather than overwritten.