Indian-origin entrepreneur Aman Sanger's estimated net worth has climbed to $5.5 billion after SpaceX agreed to acquire Anysphere, the parent company of AI coding platform Cursor, in a $60 billion stock deal. The 25-year-old MIT dropout cofounded the fast-growing startup, whose AI-assisted coding tools are used by millions of developers and thousands of enterprises worldwide.

New Delhi, June 17: SpaceX has signed a merger deal for $60 billion in stock to acquire Anysphere Inc. — the parent of AI coding platform Cursor — a move that has made its cofounder Aman Sanger (25) worth an estimated $5.5 billion.

MIT Dropout Turned Billionaire Entrepreneur

Sanger — who left the Massachusetts Institute of Technology (MIT) in 2022 with three classmates to build what became Cursor — serves as Chief Operating Officer at Anysphere. On LinkedIn, Sanger describes his mission as "removing all bottlenecks in creating software".

The startup pivoted from an initial focus on building an AI copilot for the mechanical engineering industry to an AI-assisted coding platform that can analyse entire codebases and generate complex solutions, multiple reports said.