Cursor's revenue doubles in 90 days; $50B valuation trajectory emerging
Bloomberg reports that Cursor's revenue doubled in the most recent 90-day window, with active subscription seats well into the seven figures. Internal projections cited by sources suggest a $50B valuation in any 2026 fundraise — making Cursor the highest-valued private dev tools company.
The growth has been driven by Cursor 3's Agents Window feature and the SpaceX/Grok integration deal struck in April. Both have brought heavy enterprise spend that was previously distributed across multiple smaller tools.
The valuation, if it materializes, would be a meaningful re-rating of the developer tools category. Cursor would trade at a higher multiple than every public dev tools company except Microsoft (which has Copilot baked in).