India, June 19 -- The acquisition has turned the two young technology entrepreneurs into billionaires through their stakes in the artificial intelligence coding startup.

The blockbuster transaction ranks among the largest technology acquisitions in recent Silicon Valley history and marks a major milestone for the company behind the popular AI-powered coding platform Cursor.

SpaceX has agreed to purchase Anysphere, the company behind Cursor, in an all-stock transaction valued at $60 billion.

Reports indicate that Aman Sanger and Sualeh Asif each hold roughly a 4.5 percent stake in Anysphere.

Based on the acquisition valuation, both founders are expected to receive SpaceX shares worth about $2.7 billion.

The deal also benefits Cursor c...