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On August 14, SpaceX submitted regulatory documents stating that the merger between the company and the code editing tool Cursor has been completed. According to the transaction arrangement, Cursor shareholders obtained a total of about 389 million SpaceX Class A common shares, corresponding to Cursor's implied equity value of 60 billion US dollars. In addition, Cursor's restricted stock units have been converted to approximately 1.75 million SpaceX Class A common shares, while unrestricted stock units and stock options have been converted to approximately 29.13 million restricted stock units and 44.37 million stock options, respectively. The deal was mainly based on the issuance of SpaceX Class A common shares and did not involve a public offering.

Zhitongcaijing·08/14/2026 12:49:12
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On August 14, SpaceX submitted regulatory documents stating that the merger between the company and the code editing tool Cursor has been completed. According to the transaction arrangement, Cursor shareholders obtained a total of about 389 million SpaceX Class A common shares, corresponding to Cursor's implied equity value of 60 billion US dollars. In addition, Cursor's restricted stock units have been converted to approximately 1.75 million SpaceX Class A common shares, while unrestricted stock units and stock options have been converted to approximately 29.13 million restricted stock units and 44.37 million stock options, respectively. The deal was mainly based on the issuance of SpaceX Class A common shares and did not involve a public offering.