SpaceX officially announced: it has exercised its option to complete the full acquisition of the hottest AI programming tool on the internet, Cursor, through an all-stock transaction. According to leaked final settlement data, Cursor's exit valuation this time has reached a staggering $60 billion! 1️⃣ Insane money-making ability: Cursor's annualized revenue has now skyrocketed to $4 billion, achieving a terrifying 7x year-over-year growth in the past 12 months. 2️⃣ Crazy wealth creation story: Four 25-year-old MIT founders will directly pocket about $2.7 billion within four years, while the first 50 early employees will each receive between $20 million and $500 million in cold hard cash. Check out Cursor's top-tier timeline: 2023: Cursor exploded on GitHub with its mind-blowing experience that lets ordinary people create products using plain language, slashing traditional programmers' development costs to mere pennies. 2024: AI-assisted programming and Agent workflow integration made Cursor the go-to platform for developers worldwide, becoming the ultimate traffic and code hub as VCs scrambled to invest. 2025: As the marginal benefits of general large models began to diminish, B2B applications faced monetization and billing bottlenecks. SpaceX secretly stepped in, collaborating with the Cursor AI team to jointly train a cutting-edge large model behind closed doors in just a few months. 2026: Last week, SpaceX launched a historic $85.7 billion IPO, and today they made their move, acquiring Cursor entirely—team and tech included. The jointly trained new model is set to roll out simultaneously on Cursor and Grok Build.