SpaceX to acquire AI coding startup Cursor after its IPO, as Cursor reaches $4 billion in annualized revenue

forbes.com

AI coding startup Cursor has achieved $4 billion in annualized revenue. This milestone occurs as the company anticipates acquisition by SpaceX following its IPO. Cursor's revenue surge reflects strong growth despite competition. The company has shifted focus to enterprise sales, with 75% of its revenue now coming from businesses. Founded in 2022, Cursor was an early leader in AI coding tools. The company recently entered a $60 billion deal with SpaceX, which is expected to acquire it soon.


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