# SPACE EXPLORATION TECHNOLOGIES CORP (SPCX) — merger [completed]
Source: sec.gov · situation sit_5898ce6d4e006011013b · public 9986402427179038149 · retrieved 2026-08-19T11:36:46.289Z

## Overview
Space Exploration Technologies Corp. is a spacecraft manufacturer and space transportation services provider.

Space Exploration Technologies Corp. completed its merger with Anysphere, Inc. ("Cursor") on August 14, 2026. Cursor shareholders received an aggregate of 389,289,254 shares of SpaceX Class A common stock based on an implied equity value of Cursor of $60.0 billion and a volume-weighted average closing price over the seven consecutive trading days preceding closing. Vested Cursor restricted stock units were converted into 1,752,426 additional SpaceX Class A shares. Unvested Cursor restricted stock units and stock options were assumed and converted into approximately 29,128,326 SpaceX restricted stock units and approximately 44,365,047 SpaceX stock options, respectively.

## Terms
- Counterparty: Anysphere, Inc. · Deal value: $60.00B · Consideration: stock

## Key dates
- Completed 2026-08-14

## Timeline
- 2026-08-14 · 8-K (0001628280-26-056945): 8-K - SPACE EXPLORATION TECHNOLOGIES CORP — *Space Exploration Technologies Corp. is a spacecraft manufacturer and space transportation services provider.* Space Exploration Technologies Corp. completed its merger with Anysphere, Inc. ("Cursor") on August 14, 2026. Cursor shareholders received an aggregate of 389,289,254 shares of SpaceX Class A common stock based on an implied equity value of Cursor of $60.0 billion and a volume-weighted average closing price over the seven consecutive trading days preceding closing. Vested Cursor restricted stock units were converted into 1,752,426 additional SpaceX Class A shares. Unvested Cursor restricted stock units and stock options were assumed and converted into approximately 29,128,326 SpaceX restricted stock units and approximately 44,365,047 SpaceX stock options, respectively.
  https://www.sec.gov/Archives/edgar/data/1181412/0001628280-26-056945.txt

## Citations
- 0001628280-26-056945 — https://www.sec.gov/cgi-bin/browse-edgar?action=getcompany&type=&dateb=&owner=include&count=40&search_text=000162828026056945