Elon Musk's SpaceX may buy Anysphere - for 550 billion.
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Elon Musk's SpaceX may buy Anysphere - for 550 billion. The space company has secured an option to buy the AI rocket behind Cursor, which has a Swedish founder. "In principle, the best company in the world," says Oscar Schulz, CEO of Anysphere. Web editor Just recently, Breakit reported that Anysphere, the company behind the popular AI tool Cursor, was about to raise approximately SEK 18 billion at a valuation of SEK 460 billion. Now Elon Musk's SpaceX reveals that they have secured an option to buy the entire Anysphere for $60 billion, equivalent to SEK 550 billion, writes the Financial Times. Should SpaceX not complete the mega purchase, they will still be forced to pay $10 billion, about SEK 90 billion, for the collaboration. The deal is announced as SpaceX prepares to go public later this spring, and the idea is to strengthen the company's position in AI ahead of the listing. For Anysphere, this means they can use SpaceX's extensive computing resources to develop their own coding model Composer, launched last year. "We believe that SpaceX is essentially the best company in the world when it comes to building compute capacity," says Cursor's CEO Oscar Schulz in a comment. "The achievements they have made are extraordinary." Swede Arvid Lunnemark co-founded Anysphere but left his operational role in the company during the last year. He still owns 4.5 percent of...
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