Space Exploration Technologies material events

Space Exploration Technologies SPCXAcquisition

SpaceX completes its merger with Cursor, valued at $60.0 billion

Filed Aug 14, 2026Original

An 8-K is the report a US listed company files within four business days of a material event.

What the company reported

  • On August 14, 2026, the merger with Anysphere (Cursor) became effective, and Cursor is now a wholly owned subsidiary.
  • Cursor holders receive 389,289,254 Class A shares, based on an implied equity value of $60.0 billion.
  • Unvested Cursor awards were converted into about 29,128,326 RSUs and about 44,365,047 stock options.

Items reported

  • 2.01 Acquisition or sale completed
  • 3.02 Unregistered share sale
  • 9.01 Exhibits

The company's own filing, put into Korean. The numbers are the filing's.