Cursor Hits $3 Billion Annual Sales Rate Ahead of SpaceX Deal

Cursor’s annualized revenue hit $3B in late April, according to a person familiar with the matter, indicating growing demand for the company’s AI coding software ahead of an expected deal to be acquired by Elon Musk’s SpaceX. The artificial intelligence startup’s annualized revenue, which projects sales for a 12-month-period based on recent performance, topped $2B in February, Bloomberg previously reported. Cursor now has than 3,000 customers paying at least $100,000 each for