Stripe bought OpenRouter for around $7B according to SaaStr. The transaction closed four months after OpenRouter was valued at $1.3B. Anthropic turned its first profit in the same period.
SpaceX closed its $60B all-stock takeover of Cursor. The deal values the target at roughly 15 times current revenue or under 10 times the $6B it tracks toward by year end. Cursor had reached half a billion in revenue before shifting to a multimodel approach.
Silver Lake circled Workday at $43B.