Michael Truell's AI coding tool joins SpaceX

The 26-year-old founder of Anysphere sold his AI software company to Elon Musk for a record-breaking sum.

Sep 30, 2026

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Michael Truell's AI coding tool joins SpaceX

The 26-year-old founder of Anysphere sold his AI software company to Elon Musk for a record-breaking sum.

In brief

The 26-year-old founder of Anysphere sold his AI software company to Elon Musk for a record-breaking sum. Anysphere, which makes Cursor, an AI tool for automating software development, was acquired by SpaceX for sixty billion dollars, a record sum. Originally reported by TIME.

The vision behind Cursor

Michael Truell, co-founder of Anysphere, predicted in twenty twenty-two that AI models would eventually write all code in the world.

“get to a place where all of the code in the world was going to be written by [AI] models”

Cursor's rapid growth

Anysphere created Cursor, a tool for automating software development. By June, the company's annualized revenue reached four billion dollars, double the February figure.

SpaceX acquires Anysphere

SpaceX acquires Anysphere

In August, Elon Musk's SpaceX acquired Anysphere for sixty billion dollars, a record-breaking sum for the industry.

Truell's age and competition

Truell, twenty-six, has watched Cursor's competitive landscape shift from coding startups to frontier giants like OpenAI and Anthropic with vast resources.

Computing power and the path forward

The SpaceX deal grants Anysphere access to huge computing power needed for training frontier models. Truell said scale-up should let Cursor reach the frontier and hopefully soon leapfrog it.

“and hopefully, soon leapfrog it”

The big picture

Anysphere, which makes Cursor, an AI tool for automating software development, was acquired by SpaceX for sixty billion dollars, a record sum.

Read the original on TIME

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