Cursor · Microsoft · OpenAI · Google · GitHub · SpaceX · Fortune Technology
On Tuesday, SpaceX published in a post on X that Cursor gave SpaceX the right to acquire the company later
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Either way, it’s a big win for Truell, who, a few years after dropping out of MIT, is worth an estimated $1.3 billion, according to Forbes.
Key facts
- Cursor’s 25-year-old CEO, Michael Truell, helped take the AI coding company from a college passion project to a potential $60 billion acquisition by Elon Musk’s SpaceX
- By the end of 2025, it had raised three more funding rounds that brought in $3.3 billion, skyrocketing its valuation from $2.5 billion to $30 billion in a single year
- Cursor hit the $100 million annualized revenue milestone in January 2025, around one year and eight months after it launched its first product in early 2023
- Cursor has more than 300 employees, and 67% of Fortune 500 companies use the firm’s technology, Fortune reported
Summary
Cursor’s 25-year-old CEO, Michael Truell, helped take the AI coding company from a college passion project to a potential $60 billion acquisition by Elon Musk’s SpaceX. On Tuesday, SpaceX announced in a post on X that Cursor gave SpaceX the right to acquire the company later this year for $60 billion. Truell grew up in New York City and attended the Horace Mann School, a private prep school in the Bronx. By age 18, Truell had wrapped up his first year at MIT and was completing a summer internship at Google.