About

Anysphere makes Cursor, an AI coding agent and IDE. It was founded in 2022 by four MIT students: Michael Truell, Sualeh Asif, Arvid Lunnemark and Aman Sanger (Wikipedia). Truell is CEO. Lunnemark’s October 2025 departure to start Integrous Research and the office locations are not verified.

Products

  • Cursor: AI code editor, agents window and cloud agents.
  • Bugbot: GitHub-integrated code review (launch date, July 2025, not verified).
  • Composer 2 model, released March 2026, reportedly built on Moonshot AI’s Kimi 2.5 (per Wikipedia, not verified; see Moonshot AI).

Timeline

All entries below are from Wikipedia or trade press (secondary); none is checked against a primary source.

  • 2023-10: $8M seed led by OpenAI Startup Fund.
  • 2025-06: 9.9B valuation.
  • 2025-11: 29.3B valuation.
  • 2026-04-21: SpaceX reportedly secured rights to acquire Cursor for $60B.
  • 2026-05: annual recurring revenue reportedly above $3B.
  • 2026-08-14: deal reportedly closed; Anysphere shares converted into 389M SpaceX Class A shares and Cursor became a wholly owned SpaceX subsidiary (per Wikipedia; Satnews, dated 2026-08-13, reported SpaceX finalising regulatory procedures).
  • 2025-04: an AI support agent reportedly invented a login policy, causing cancellations; the company reportedly apologised and refunded (not verified here).

Sources

Open items

  • No SpaceX or Anysphere primary press release fetched; deal terms rest on Wikipedia and trade press.