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

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 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.