---
title: "SpaceX IPO eyes July acquisition of Cursor following June 12 listing: report"
type: "News"
locale: "en"
url: "https://longbridge.com/en/news/287007398.md"
description: "SpaceX plans to acquire AI startup Cursor in July, following its expected IPO on June 12. If the acquisition fails, SpaceX will owe Cursor a $10B breakup fee. Cursor raised $2.3B last November, achieving a $29.3B valuation with backing from major investors like Accel and Nvidia."
datetime: "2026-05-20T05:01:18.000Z"
locales:
  - [zh-CN](https://longbridge.com/zh-CN/news/287007398.md)
  - [en](https://longbridge.com/en/news/287007398.md)
  - [zh-HK](https://longbridge.com/zh-HK/news/287007398.md)
---

# SpaceX IPO eyes July acquisition of Cursor following June 12 listing: report

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