Pakistani Founder Sualeh Asif’s Cursor Lands $60 Billion Deal with Elon Musk’s SpaceX

Cursor is a company that uses artificial intelligence (AI) to help people write computer code. It was co-founded by Sualeh Asif, who was born in Pakistan. Now, Cursor has made a very big deal with Elon Musk’s company, SpaceX.

According to reports, the deal is worth $60 billion. This means SpaceX may buy Cursor for this huge amount later this year. However, there is another option. If SpaceX decides not to buy Cursor, it will still pay $10 billion for working together with the company.

Cursor is one of several companies in Silicon Valley that are using AI to help developers. Other companies like OpenAI and Anthropic are also working in this area. These companies are becoming popular because they make coding faster and easier.

Coding means writing instructions for computers. Normally, it takes a lot of time and effort. But AI tools like Cursor can help by writing parts of the code automatically. This saves time and helps developers do their work more easily.

SpaceX shared details about the deal in a post online. The company said that Cursor has given them the right to buy the company later this year. If they do not buy it, they will still continue working together and pay a large fee.

SpaceX also said that working with Cursor will help them build better AI systems. They plan to use their powerful computers to improve the technology. These computers are very advanced and can process huge amounts of data.

The goal of this partnership is to create some of the most useful AI tools in the world. These tools can help not just developers, but also many other industries.

Sualeh Asif has an inspiring story. He is originally from Karachi, Pakistan. He studied at Nixor College before going to the Massachusetts Institute of Technology, which is one of the top universities in the world.

He also represented Pakistan in the International Math Olympiad from 2016 to 2018. This is a global competition for students who are very good at mathematics.

While studying at MIT, he started a company called Anysphere with three of his friends. This company created Cursor, the AI coding tool.

Before Cursor became successful, he also worked on another idea. He started a company that used AI to improve search engines. This shows that he has always been interested in using technology to solve problems.

Today, Cursor is growing very fast. The company says it is making more than $1 billion every year. This is called annual revenue. It shows how successful the company has become in a short time.

In November 2025, Cursor was valued at $29.3 billion after raising $2.3 billion from investors. Big investment firms like Accel and Coatue helped fund the company. This shows that many people believe in its future.

Cursor is now used by millions of developers around the world. About 50,000 companies use it to help with coding. Some of these companies include Nvidia, Adobe, Uber, and Shopify.

These companies use Cursor to write and edit code quickly. This helps them build software faster and improve their products.

In simple words, Cursor is changing the way people write code. It is making the process faster, easier, and smarter with the help of AI.

The deal with SpaceX is a big step for the company. If the deal goes through, it will be one of the largest deals in the tech world. Even if it does not, the partnership is still very valuable.

This story shows how powerful ideas and hard work can lead to great success. From Karachi to Silicon Valley, Sualeh Asif has built something that is now used all over the world.