SpaceX to Acquire Cursor 30 Days After IPO

May 19, 2026

SpaceX and Cursor expect to proceed with their planned acquisition 30 days after SpaceX begins trading publicly, according to someone familiar with the matter.

SpaceX is expected to go public in mid-June in the largest IPO in U.S. history. The Elon Musk-founded rockets-and-AI company announced last month that it had secured the right to buy Cursor, a leading provider of AI coding tools, for