AI startup Cursor with Pakistani co-founder set for $60bn deal with SpaceX

A major breakthrough in the global tech industry has emerged as AI startup Cursor, co-founded by Pakistani entrepreneur Sualeh Asif, is set for a potential $60 billion deal with SpaceX, marking one of the largest transactions in artificial intelligence history.

According to reports, SpaceX has secured the option to acquire Cursor later this year for approximately $60 billion, or alternatively enter into a $10 billion strategic partnership if the full acquisition does not materialize.

Cursor, an AI-powered coding platform developed by startup Anysphere, has rapidly gained popularity among developers for its ability to automate and enhance software programming tasks. The company’s growth reflects the rising demand for AI-driven coding tools, a sector currently dominated by major players like OpenAI and Anthropic.

The involvement of a Pakistani co-founder has drawn particular attention, highlighting Pakistan’s growing footprint in the global technology ecosystem. Industry observers say the deal underscores how emerging talent from the region is contributing to cutting-edge innovation in artificial intelligence.

For SpaceX, the move signals a deeper push into AI as it seeks to expand beyond aerospace and compete in the rapidly evolving tech landscape. The partnership is expected to combine Cursor’s software capabilities with SpaceX’s massive computing infrastructure, potentially accelerating the development of next-generation AI systems.

Analysts describe the deal as high-risk but transformative, noting that it could reshape the AI industry if successful. However, they caution that the agreement is still conditional, and uncertainties remain over whether the full acquisition will proceed.