At just 25, Aman Sanger has gone from MIT student and racquetball enthusiast to one of the AI industry’s youngest billionaires, thanks to the meteoric rise of AI coding startup Cursor and its $60 billion acquisition space exploration technologies corp..SpaceX announced this week that it will acquire Anysphere, the company behind Cursor, in an all-stock deal worth $60 billion. The transaction is expected to close in the third quarter of 2026. It’s one of the largest acquisitions ever involving a venture-backed tech startup.The deal will change the fortunes of Cursor’s four young co-founders, including Indian-American entrepreneur Aman Sanger. Forbes estimates that the acquisition could double the wealth of the company’s founders, with each founder expected to be worth about $2.7 billion after the deal is completed.Sanger co-founded Cursor in 2022 with MIT classmates Michael Truell, Sualeh Asif and Arvid Lunnemark. What started as a startup project has grown into one of Silicon Valley’s most successful artificial intelligence companies.Today, Cursor’s AI coding tools are used by millions of software developers at approximately 50,000 companies, including big names like Nvidia, Adobe, Uber, Shopify, and PayPal. The company said its annual revenue has exceeded $1 billion, making it one of the fastest-growing companies in artificial intelligence.
personal and family life
Aman was born in the United States to Indian immigrant parents. He grew up in a family where education, entrepreneurship and professional achievement were strongly encouraged.His father, Arvind Sanger, graduated from the Indian Institute of Technology (IIT) Bombay and later moved to the United States and later founded Geosphere Capital, an investment firm focused on natural resources, industrial sectors and Indian equities.His mother, Shilpa Sanger, grew up in Mumbai and has a career spanning healthcare, entrepreneurship and startup investing. Trained as an orthodontist, she also became an entrepreneur and angel investor.These influences played a significant role in shaping Sanger’s ambitions. He started coding at the age of 14 and later attended the Massachusetts Institute of Technology (MIT), where he studied computer science from 2018 to 2022.Outside of academics, Sanger played racquetball while at MIT and has remained active in college sports.Prior to launching Cursor, he gained experience through internships at Google and Bridgewater Associates. He also started his own artificial intelligence consulting firm before teaming up with his future co-founders to create Cursor.The decision proved transformative. Cursor was founded in 2022 and has quickly become one of the leading AI coding assistants, helping developers use AI to generate, edit, and improve software code. Its rapid growth attracted billions of dollars in investment and eventually the attention of SpaceX.With the SpaceX acquisition on the horizon, Sanger’s estimated net worth is expected to soar. Forbes previously estimated his wealth at about $1.3 billion based on his 4.5% stake in Cursor, equivalent to the ownership of the company’s other co-founders.The Cursor acquisition also bolsters Elon Musk’s rapidly expanding business empire. Following SpaceX’s stock market debut, its market capitalization surged to about $2.66 trillion, helping to push Musk’s estimated net worth to about $1.3 trillion, according to recent market estimates. The $60 billion all-stock acquisition of Cursor is part of SpaceX’s push into artificial intelligence and has made the company one of the fastest-growing artificial intelligence coding platforms in the world.
