SpaceX issues 389,289,254 Class A shares in unregistered sale tied to Cursor merger
Reuters2026/08/14 12:26- SpaceX completed an unregistered issuance of Class A shares tied to its acquisition of Anysphere, the maker of Cursor, on Aug. 14, 2026.
- Deal consideration included 389,289,254 Class A shares, based on an implied Cursor equity value of $60 billion.
- SpaceX also issued 1,752,426 Class A shares for vested Cursor RSUs, before tax withholding.
- Issuance relied on the Securities Act Section 4(a)(2) exemption for transactions not involving a public offering.
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