Cursor’s Revenue Pace Recently Passed $2.7 Billion, Helping Margins Turn Positive

· The Information ·

Cursor's annualized revenue reached $2.7 billion, 14x higher than a year ago, as the AI coding startup approaches a potential $60B acquisition by SpaceX.

Categories: Money & Moves

Excerpt

<p>AI coding startup Cursor, which recently agreed to&nbsp;a potential $60 billion acquisition by SpaceX, last month hit $2.7 billion in annualized revenue, 14 times higher than that revenue pace a year ago, <a href="https://www.theinformation.com/articles/behind-cursors-deal-spacex-anthropic-compute-costs-loomed-large">The Information</a> reported Thursday. Some investors expected annualized revenue to hit more ...</p>