SpaceX 8-K
Deal completed
Acquisition of Cursor maker Anysphere closes, with equity holders receiving SpaceX Class A shares.
Filed 2026-08-14 08:23 ET
- 2.01 Completion of Acquisition or Disposition
- 3.02 Unregistered Sales of Equity
- 9.01 Financial Statements and Exhibits
Summary
SpaceX completed its acquisition of Anysphere, the maker of Cursor, on 8/14/2026. Cursor is now a wholly owned subsidiary; its equity holders received SpaceX Class A shares, while unvested awards were converted into SpaceX awards.
Key Figures
- Cursor equity value: $60.0B, with common and preferred shares converted into 389,289,254 SpaceX Class A shares. The per-share conversion price was based on SpaceX’s volume-weighted average closing price over the seven trading days before closing.
- Vested Cursor restricted stock units converted into 1,752,426 SpaceX Class A shares, before tax withholding; fractional shares were paid in cash.
- Unvested Cursor restricted stock units and stock options converted into approximately 29,128,326 SpaceX restricted stock units and 44,365,047 options, respectively.
- The share issuance relied on an exemption from registration for transactions not involving a public offering.
The summary is written by an AI model reading the filing.
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