Andreessen, Thrive Poised for Windfall From SpaceX’s Cursor Bid

Andreessen Horowitz and Thrive Capital are poised for a multibillion-dollar windfall from their early investments in Cursor if Elon Musk’s SpaceX moves forward with an agreement to acquire the artificial intelligence coding startup for $60 billion. Andreessen Horowitz is the largest outside shareholder in the startup, with a roughly 10% stake that would be worth about $6 billion at the estimated transaction price, according people familiar with the matter. The venture firm backed Cursor multiple