Press Release

Kirkland Advises Cursor on $60 Billion Acquisition by SpaceX

16 June 2026

Kirkland 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.

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The
Team

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Sarkis Jebejian, P.C. Mergers & Acquisitions / Private Equity

Keri Schick Norton, P.C. Mergers & Acquisitions / Private Equity

Steven M. Choi Mergers & Acquisitions / Private Equity

Aida Kimiagar Mergers & Acquisitions / Private Equity

William Stanton Mergers & Acquisitions / Private Equity

Josh Sullivan Mergers & Acquisitions / Private Equity

Mike Marrone Transactional

Julian J. Seiguer, P.C. Capital Markets

Anthony Sanderson Capital Markets

Brooke Curry Capital Markets

Robbie Dillard Capital Markets

Seth Traxler, P.C. Technology & IP Transactions

Ben Kovach Technology & IP Transactions

Matthew Wood Executive Compensation

Scott D. Price, P.C. Executive Compensation

Kelsie Harris Executive Compensation

Andrea Bucher Executive Compensation, Employment & Benefits

Dean S. Shulman, P.C. Tax

Vivek Ratnam, P.C. Tax

Afshin Khan Tax

Maria Raptis, P.C. Antitrust & Competition

Lauren Taylor Antitrust & Competition

Alexandra Mihalas Employee Benefits

Mackenzie Packard Employee Benefits

R.D. Kohut, P.C. Employment & Labor

Hannah Fraley Employment & Labor

Jennifer B. Sheehan Real Estate

Emily Lewis Real Estate

Michael Saretsky Environmental

Persis Ticknor-Swanson Environmental

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.