At just 25 years old, Aman Sengar has gone from being an MIT student and squash enthusiast to one of the youngest billionaires in the AI industry, thanks to the meteoric rise of AI coding startup Cursor and its $60 billion acquisition by SpaceX.SpaceX announced this week that it will acquire Anisphere, the company behind Cursor, in an all-stock deal valued at $60 billion. The transaction is expected to close in the third quarter of 2026. This is one of the largest acquisitions ever involving a venture-backed technology startup.The deal is set to turn around the fortunes of Cursor’s four young co-founders, including Indian-American entrepreneur Aman Sengar. According to estimates cited by Forbes, the acquisition could double the wealth of the company’s founders, with each expected to be worth about $2.7 billion after the transaction is completed.Sanger co-founded Cursor in 2022 with fellow MIT students Michael Truel, Suleh Asif, and Arvid Lunmark. What started as a startup project has become one of the most successful AI companies in Silicon Valley.Today, Cursor’s AI-powered coding tools are used by millions of software developers at nearly 50,000 companies, including major names like Nvidia, Adobe, Uber, Shopify, and PayPal. The company says it has surpassed $1 billion in annual revenue, making it one of the fastest-growing companies in the AI field.
personal and family life
Aman was born in America to Indian immigrant parents. He grew up in a household where education, entrepreneurship and professional achievement were strongly encouraged.His father, Arvind Sengar, graduated from the Indian Institute of Technology (IIT) Bombay before moving to the US and later founded Geosphere Capital, an investment firm focused on natural resources, industrial sectors and Indian equities.His mother, Shilpa Sengar, was brought up in Mumbai and pursued a career that spanned healthcare, entrepreneurship, and startup investing. After training as an orthodontist, she also became an entrepreneur and angel investor.Those influences played a major role in shaping Sanger’s ambitions. He started coding at the age of 14 and later enrolled at the Massachusetts Institute of Technology (MIT), where he studied computer science between 2018 and 2022.In addition to academics, Sanger played squash and was active in varsity athletics throughout his time at MIT.Before launching Cursor, he gained experience through internships at Google and Bridgewater Associates. He also started his own AI consultancy before teaming up with his future co-founders to create Cursor.That decision proved transformative. Cursor was founded in 2022 and quickly emerged as one of the leading AI coding assistants, helping developers create, edit, and improve software code using AI. Its rapid growth attracted billions of dollars in investment and eventually attracted the attention of SpaceX.With the SpaceX acquisition now moving forward, Sanger’s estimated net worth is expected to increase. Forbes previously estimated his wealth at about $1.3 billion, based on his 4.5 percent stake in Cursor, which is equal to the ownership of each of the company’s other co-founders.The Cursor acquisition also adds to Elon Musk’s fast-growing business empire. According to recent market estimates, SpaceX’s market value increased to approximately $2.66 trillion after its blockbuster stock market debut, bringing Musk’s estimated net worth to approximately $1.3 trillion. The $60 billion all-stock purchase of Cursor is part of SpaceX’s push into AI and gives the company one of the fastest-growing AI coding platforms in the world.