---
schema_version: "secwatch.filing_event.v1"
accession: "0001628280-26-043411"
form_type: "8-K"
ticker: "SPCX"
cik: "0001181412"
company_name: "SPACE EXPLORATION TECHNOLOGIES CORP"
filed_at: "2026-06-16T10:30:16+00:00"
generated_at: "2026-06-16T10:35:52.041687+00:00"
event_type: "m_and_a"
sentiment: "neutral"
materiality_score: 0.95
calibrated_materiality_score: 0.95
confidence: "high"
source: SEC EDGAR
---

# SpaceX agrees to acquire Cursor (Anysphere) for ~$60B in stock; close expected Q3 2026

## Summary
- Implied equity value of Cursor at $60.0B; consideration in SpaceX Class A common stock.
- Merger of wholly-owned subsidiary X67 Inc. into Cursor; Cursor survives as a wholly-owned subsidiary.
- Stock consideration calculated using VWAP over the 7 trading days before closing.
- Transaction expected to close in Q3 2026, subject to regulatory approvals and other conditions.
- Stock issuance exempt from registration under Section 4(a)(2) of the Securities Act.

## SEC filing metadata
- accession: 0001628280-26-043411
- form_type: 8-K
- ticker: SPCX
- cik: 0001181412
- company_name: SPACE EXPLORATION TECHNOLOGIES CORP
- filed_at: 2026-06-16T10:30:16+00:00
- event_type: m_and_a
- sentiment: neutral
- materiality_score: 0.95
- calibrated_materiality_score: 0.95
- confidence: high
- sec_items: 1.01, 3.02, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1181412/000162828026043411/0001628280-26-043411-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1181412/000162828026043411/spaceexplorationtechnologi.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001628280-26-043411
- JSON: https://secwatch.observer/filing/0001628280-26-043411.json
- Plain text: https://secwatch.observer/filing/0001628280-26-043411.txt

## Key facts
- Material Agreements
  SPACE EXPLORATION TECHNOLOGIES CORP entered into Agreement and Plan of Merger with Anysphere, Inc. (Cursor) valued at $60.0 billion (effective 2026-06-16).
  - Action: entry
  - Agreement: merger
  - Counterparty: Anysphere, Inc. (Cursor)
  - Value: $60.0 billion
  - Effective: 2026-06-16
  source text: On June 16, 2026, Space Exploration Technologies Corp. (the “Company”), X67 Inc., a wholly owned subsidiary of the Company (“Merger Sub”), and Anysphere, Inc. (“Cursor”) entered into an Agreement and Plan of Merger (the “Merger Agreement”)
  evidence_url: https://www.sec.gov/Archives/edgar/data/1181412/000162828026043411/0001628280-26-043411-index.htm

This AI-assisted summary is a reading aid. Review the linked SEC EDGAR filing before relying on any specific claim.