SpaceX completes Cursor acquisition and issues about 391 million Class A shares

SpaceX completed its merger with Anysphere, the Cursor maker, on August 14, 2026, making Cursor a wholly owned subsidiary. Cursor holders received 389,289,254 Class A shares for their common and preferred stock and 1,752,426 shares for vested Cursor RSUs, all issued without SEC registration. Unvested Cursor awards were converted into about 29.1 million SpaceX RSUs and about 44.4 million stock options, which adds to future dilution.

• Shares issued for Cursor equity: 389,289,254 Class A shares
• Shares for vested Cursor RSUs: 1,752,426, before tax withholding
• Assumed awards: about 29,128,326 RSUs and about 44,365,047 stock options
• Consideration based on the implied $60.0 billion equity value and the pre-closing 7-day VWAP