Cursor's annualized revenue rose to $3 billion in late April, up from $2 billion in February.
Over 3,000 customers each pay at least $100,000 annually for Cursor's AI coding software, including the new Composer 2.5 model.
SpaceX holds a right to acquire Cursor for $60 billion, with a $1.5 billion cash breakup fee and $8.5 billion deferred services fee.
SpaceX plans to list on June 12, 2026, after which it can trigger a 30‑day window to finalize the acquisition, likely in July.