π MIT dropouts build AI giant, sold to SpaceX for $60B
Four MIT dropouts founded a startup after an initial idea failed, pivoting to AI-powered coding. The founders, Michael Truell, Aman Sanger, Sualeh Asif, and Arvid Lunnemark, were students at MIT. After rapid growth, Cursor was acquired by SpaceX in August 2026 for $60 billion. This massive deal aimed to boost SpaceX's AI capabilities and provide access to huge GPU fleets. The founders are now estimated to be worth about $2.7 billion each.