Indian American founder Aman Sanger lands a 60 billion SpaceX deal for Cursor

  • Bay Area Editor
  • Last Updated on Jun 18, 2026
Indian American founder Aman Sanger lands a 60 billion SpaceX deal for Cursor
Image Courtesy: x.com/amanrsanger

Indian American entrepreneur Aman Sanger has become one of the youngest faces of the artificial intelligence boom after Elon Musk’s SpaceX agreed to acquire his AI coding company Cursor in a 60 billion dollar deal. The transaction, which will see Cursor’s parent Anysphere become a wholly owned subsidiary of SpaceX by the third quarter of 2026, is among the largest startup acquisitions ever announced.

Cursor, founded in 2022 by Sanger and fellow MIT students Michael Truell, Sualeh Asif and Arvid Lunnemark, has quickly emerged as one of the fastest growing AI coding platforms in the world. Built as an intelligent assistant that sits inside a programmer’s workflow, Cursor can analyse entire codebases, suggest improvements and generate complex solutions, making it a go to tool for developers and enterprise clients.

Sanger, 25, grew up in the United States in a family with deep Indian roots: his father, Arvind Sanger, is an IIT Bombay graduate and hedge fund professional, while his mother, Shilpa, is an orthodontist and entrepreneur. He began coding at 14, studied computer science at MIT, interned at Bridgewater Associates and Google, and even launched an AI consultancy before co founding Anysphere.

Backed by investors including Nvidia, Google, Accel, Thrive Capital and Andreessen Horowitz, Anysphere reached a valuation near 30 billion dollars in 2025, turning each founder into a self made billionaire even before the SpaceX deal. With the acquisition, Cursor will gain access to SpaceX’s massive computing infrastructure, further accelerating its AI models as demand for next generation coding tools surges worldwide.