Andrew Davies
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email newsletterJune 18, 2026

it's helping several investors deepen their existing ties to the "Muskonomy."

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Map: The Cursor backers new to Elon Musk's orbit—and those who can't get enough By Jacob Robbins, Technology Reporter When Cursor raised an $8 million seed round in October 2023, headlines highlighted one of its big-name backers: OpenAI's Startup Fund. And now with SpaceX's $60 billion all-stock acquisition of Cursor, a whole new group of investors has been launched into Elon Musk's orbit—and it includes one of xAI's chief competitors and a target of Musk's ire. While the deal brings a slew of newcomers into the fold, it's helping several investors deepen their existing ties to the "Muskonomy." Firms like Andreessen Horowitz and Coatue invested in SpaceX, xAI and Cursor before the acquisition and are now tripling down on the Musk ecosystem. In the case of Andreessen Horowitz, it's quadrupling down after it also bet on Musk's private takeover of the social media company X, which merged with xAI in March 2025 (which merged with SpaceX about a year later). Our interactive map, based on…

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