Kirkland Advises Cursor on $60 Billion Acquisition by SpaceX
Kirkland & Ellis advised artificial intelligence and coding platform Cursor on its acquisition by SpaceX (Nasdaq: SPCX) for $60 billion in an all-stock deal. In April, Kirkland represented Cursor’s option agreement for SpaceX to purchase Cursor outright and a partnership with SpaceX to accelerate model training efforts. SpaceX announced its exercise of the call option to acquire Cursor on June 16, 2026, and the transaction is expected to close during the third quarter of 2026, subject to certain closing conditions.
The Kirkland team included corporate lawyers Sarkis Jebejian, Keri Schick Norton, Steven Choi, Aida Kimiagar, William Stanton, Josh Sullivan, Hayley Haggard, Christina Kim and Mike Marrone; capital markets lawyers Julian Seiguer, Anthony Sanderson, Brooke Curry and Robbie Dillard; technology & IP transactions lawyers Seth Traxler, Adam Petravicius and Ben Kovach; executive compensation lawyers Matt Wood, Scott Price, Kelsie Harris, and Andrea Bucher; tax lawyers Dean Shulman, Vivek Ratnam and Afshin Khan; antitrust & competition lawyers Maria Raptis and Lauren Taylor; employee benefits lawyers Alexandra Mihalas and Mackenzie Packard; employment & labor lawyers R.D. Kohut and Hannah Fraley; real estate lawyers Jennifer Sheehan and Emily Lewis; and environmental transactions lawyers Michael Saretsky and Persis Ticknor-Swanson.
