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IndiaEconomy4 days ago

Aman and Asif to get $2.7 billion each after Elon Musk buys Cursor for $60 billion

Aman Sanger and Sualeh Asif, co-founders of Cursor, are set to become billionaires after SpaceX acquired their company's parent firm, Anysphere, for $60 billion. Each owns approximately 4.5% of Anysphere, which would make them each $2.7 billion richer through stock compensation. The acquisition, reported by Forbes, highlights the significant financial impact of the deal on the founders.

Aman Sanger, a techie with Indian roots, and Pakistan-born Sualeh Asif, just became billionaires. The two are reportedly set to earn as much as $2.7 billion each after Elon Musk's SpaceX acquired Cursor for $60 billion.

Aman Sanger and Sualeh Asif became billionaires after SpaceX bought Cursor. (Photos: X/@amanrsanger, Cursor)

New Delhi, UPDATED: Jun 17, 2026 16:23 IST

It is not everyday when we hear of a multi-billion dollar acquisition in Silicon Valley, let alone one by Elon Musk. But Musk’s SpaceX just bought the company behind Cursor for $60 billion . And this buyout has made two techies, Aman Sanger, and Sualeh Asif, billionaires. Aman, who is 25 years old, comes from an Indian family, and 26-year-old Asif was born in Karachi, Pakistan.

SpaceX is buying Cursor’s parent company Anysphere for $60 billion. As per reports, Aman Sanger and Sualeh Asif each own roughly a 4.5 per cent stake in Anysphere. According to Forbes, Aman and Asif will each earn $2.7 billion with this buyout from SpaceX, essentially making them billionaires overnight.

Cursor was founded in 2022 by Aman, Asif and two other techies – Michael Truell and Arvid Lunnemark. Michael and Arvid are also expected to get $2.7 billion each. But keep in mind that the Cursor buyout was an all-stock deal. That is, Aman and the others will receive their $2.7 billion in SpaceX shares.

Who are Aman Sanger and Sualeh Asif?

Aman Sanger, who is Anysphere’s chief operating officer, was born in New York. Aman has strong Indian roots with his father Arvind Sanger being an alumnus from IIT Bombay. His mother, Shilpa Sanger, is an orthodontist and a board member at Pratham USA.

As per Golden House, Aman began coding at 14 before going to MIT. At MIT, he met Asif, Truell, and Lunnemark, who went on to build Cursor with him. Reports state that Sanger and Truell were selected as Neo Scholars, a programme that connects promising technical talent with Silicon Valley founders and investors.

Before Cursor, Sanger interned at Bridgewater Associates, Google and You.com, according to reports, and also ran an AI consultancy.

On the other hand, Asif, who is Anysphere’s chief product officer, is originally from Karachi, Pakistan. He is believed to be a mathematics prodigy who represented Pakistan at the International Mathematical Olympiad for three straight years from 2016 to 2018, winning a bronze medal.

He attended MIT on a scholarship. According to his LinkedIn profile, Asif worked as a research assistant at MIT for over three years before Cursor was formed.

What is Cursor?

Cursor is an AI coding platform. Coders can use the platform to “vibe code” – use AI to write code for their projects Cursor says that it is used by millions of software developers, with companies such as Nvidia, Adobe, Uber, Shopify and PayPal also using the platform.

SpaceX first partnered with Cursor in April this year, when the Elon Musk-led firm agreed to have Cursor use its computing resources to train its AI models. At the time, SpaceX reserved the option to buy Cursor for $60 billion at a later date, or pay $1.5 billion in break-up fees and provide $8.5 billion in computing resources if the deal did not go through. The same deal that has now been finalised.

Before this buyout, Cursor had a $29.5 billion valuation following a $2.3 billion fundraising round in November 2025.

- Ends

Published By:

Armaan Agarwal

Published On:

Jun 17, 2026 16:23 IST

Read the full article at India Today
Source document: Cursor

4 reports

Times of IndiaIndependentCenter4 days ago
Meet Aman Sanger, the MIT alumnus behind AI startup Cursor’s meteoric rise

The article introduces Aman Sanger, one of the co-founders of Cursor, an AI coding startup acquired by SpaceX. It details his background, including his education at MIT, his parents' professional backgrounds, and his early interest in coding.

Bias read (Center): The article provides factual information about Aman Sanger, his family, and the acquisition of Cursor by SpaceX. There is no evident ideological framing, biased language, or selective sourcing. The content remains neutral and descriptive.

Official sources cited

  • organisation Cursor
  • organisation SpaceX
  • organisation Massachusetts Institute of Technology
India TodayIndependentCenter4 days ago
Aman and Asif to get $2.7 billion each after Elon Musk buys Cursor for $60 billion

Aman Sanger and Sualeh Asif, co-founders of Cursor, are set to become billionaires after SpaceX acquired their company's parent firm, Anysphere, for $60 billion. Each owns approximately 4.5% of Anysphere, which would make them each $2.7 billion richer through stock compensation. The acquisition, reported by Forbes, highlights the significant financial impact of the deal on the founders.

Bias read (Center): The article presents factual information about a business acquisition and its financial implications without taking a stance or using biased language. It focuses on the economic event and provides details about the individuals involved without editorializing or emphasizing any particular political,

Official sources cited

FirstpostParty-alignedCenter4 days ago
Who is Aman Sanger, the 25-year-old desi selling his company, Cursor, to SpaceX for $60 billion?

The article introduces Aman Sanger, a 25-year-old individual selling his company, Cursor, to SpaceX for $60 billion.

Bias read (Center): The article does not present any overtly biased language, framing, or emphasis. It simply introduces Aman Sanger and the sale of his company without taking a stance or providing context that would indicate a particular ideological leaning.

NDTVIndependentCenter5 days ago
SpaceX Overtakes Amazon To Become World's 5th Most Valuable Company

SpaceX has announced an all-stock deal to acquire Cursor, which is expected to close in the third quarter of this year. The acquisition will make Cursor a wholly owned subsidiary of SpaceX.

Bias read (Center): The article reports on a business transaction without any apparent political framing, bias, or ideological emphasis. It focuses solely on the financial and corporate development involving SpaceX and Cursor.

Official sources cited

  • government Securities and Exchange Commission (SEC) filing

Go to the primary sources (5)

The official sources this coverage is built on. Read them directly to bypass framing.

  • organisationCursor
  • organisationSpaceX
  • organisationMassachusetts Institute of Technology
  • organisationForbes
  • governmentSecurities and Exchange Commission (SEC) filing