Sources: Cursor hit $2.7B in annualized sales in March, up ~14x from a year ago, and reported a ~$900M loss in its last fiscal year on $770M in total revenue (The Information)
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- Cursor logged $2.7 billion in annualized sales in March, roughly 14 times its level a year ago.
- Cursor posted a $900 million loss on $770 million revenue for its most recent fiscal year.
- SpaceX was negotiating a $60 billion takeover of Cursor weeks before the startup began a fresh fundraising round.
Why it matters: Investors in SpaceX stand to gain a massive $60 billion upside if the deal closes, while Cursor’s founders and employees risk dilution from the upcoming raise; the acquisition will reshape the AI‑coding market, consolidating talent and pricing under SpaceX’s umbrella.
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