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Two techies from India and Pakistan built an AI startup - Now both are billionaires thanks to Elon Musk. Here's all about Aman Sanger and Sualeh Asif
Two young entrepreneurs, Aman Sanger from India and Sualeh Asif from Pakistan, have joined the billionaire ranks. Their company, Cursor, a popular AI coding assistant, was reportedly acquired by Elon Musk for $60 billion. This deal is expected to net each of them around $2.7 billion. Cursor, founded in 2022, has rapidly grown into a leading AI firm. A young Indian entrepreneur and a Pakistani mathematician-turned-tech founder have joined the ranks of billionaires after Elon Musk's reported acquisition of Anysphere, the company behind the popular AI coding assistant Cursor, in a deal valued at $60 billion. India-born Aman Sanger, 25, and Pakistan's Sualeh Asif, 26, are expected to receive around $2.7 billion each from the transaction, which has catapulted them into the global spotlight. Sanger co-founded Cursor in 2022 along with fellow Massachusetts Institute of Technology (MIT) students Michael Truell, Sualeh Asif, and Arvid Lunnemark. What started as a university project has evolved into one of Silicon Valley's fastest-growing artificial intelligence companies. Cursor's AI-powered coding platform is now used by millions of developers across nearly 50,000 companies worldwide, including major technology firms such as Nvidia, Adobe, Uber, Shopify, and PayPal. The company says it has crossed $1 billion in annualised revenue, making it one of the fastest-growing businesses in the AI sector. The startup specializes in AI-driven coding tools that help automate software development. According to company data previously shared with Reuters, Cursor has rapidly expanded its operations, generating approximately $2.6 billion in annualised enterprise revenue. Who is Aman Sanger? At just 25 years old, Aman Sanger has emerged as one of the youngest billionaires in the AI industry following the success of Cursor. Born in the United States to Indian immigrant parents, Sanger grew up in an environment that emphasized education, entrepreneurship, and professional achievement. His father, Arvind Sanger, is an alumnus of IIT Bombay and later founded Geosphere Capital, an investment firm focused on natural resources, industrial sectors, and Indian equities. His mother, Shilpa Sanger, was raised in Mumbai and built a career spanning healthcare, entrepreneurship, and startup investing. Trained as an orthodontist, she later became an entrepreneur and angel investor. Inspired by his family's entrepreneurial background, Sanger began coding at the age of 14. He later enrolled at MIT, where he studied computer science from 2018 to 2022. During his time at the university, he was also an active squash player and participated in athletics. Before co-founding Cursor, Sanger completed internships at Google and Bridgewater Associates. He also launched his own AI consulting venture before joining forces with his future co-founders to build the AI startup. Who is Sualeh Asif? Sualeh Asif, originally from Karachi, Pakistan, has a strong academic background in mathematics and computer science. According to Forbes, he represented Pakistan at the International Mathematical Olympiad from 2016 to 2018, showcasing his talent in competitive mathematics from an early age. While in college, Asif founded an AI-powered search engine startup, demonstrating his interest in artificial intelligence and entrepreneurship long before the launch of Cursor. His collaboration with fellow MIT students eventually led to the creation of Cursor, which has become one of the most widely used AI coding tools in the world and helped make him one of the youngest billionaires in the technology industry.
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From India and Pakistan to Silicon Valley: Know about Founders Aman & Asif Behind SpaceX's $60 Billion Cursor Deal
The reported SpaceX acquisition of Cursor has placed founders Aman Sanger and Sualeh Asif in the spotlight. The deal is expected to close by the third quarter of 2026, according to a filing with the US Securities and Exchange Commission. Their journey from startup founders to potential multi-billionaires reflects the growing influence of AI-driven innovation in the global technology industry. At just 25, Indian-origin entrepreneur Aman Sanger is making global headlines after Elon Musk's , the AI coding platform he co-founded, in a deal valued at $60 billion. SpaceX is buying Cursor's parent company, Anysphere, for $60 billion. As per reports, founders Aman Sanger and Sualeh Asif each own roughly a 4.5 percent stake in Anysphere. According to Forbes, Aman and Asif will each earn $2.7 billion with this buyout from SpaceX. It will make them billionaires overnight. Born and raised in New York, Sanger comes from a family with Indian roots. His father, Arvind Sanger, is an IIT Bombay alumnus and hedge fund professional. His mother, Shilpa Sanger, is an orthodontist, entrepreneur and board member of education non-profit Pratham USA. before going to MIT. At MIT, he met Asif, Truell, and Lunnemark, who went on to build Cursor with him. Reports state that Sanger and Truell were selected as Neo Scholars, a programme that connects promising technical talent with Silicon Valley founders and investors. , 28, who is Anysphere's chief product officer, is originally from Karachi, Pakistan. He is a mathematics prodigy who represented Pakistan at the International Mathematical Olympiad for three straight years from 2016 to 2018, winning a bronze medal.
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Two young entrepreneurs from India and Pakistan are joining the billionaire ranks after Elon Musk's SpaceX agreed to acquire their AI startup. Aman Sanger, 25, and Sualeh Asif, 26, co-founded Cursor in 2022 at MIT. The $60 billion deal values their stakes at $2.7 billion each, marking one of the largest AI acquisitions to date.
Elon Musk's acquisition of Anysphere, the company behind the AI-powered coding assistant Cursor, has catapulted two young founders into billionaire status.
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Aman Sanger, 25, from India and Sualeh Asif, 26, from Pakistan are expected to receive around $2.7 billion each from the transaction valued at $60 billion. The deal is expected to close by the third quarter of 2026, according to a filing with the US Securities and Exchange Commission.2
Both founders hold roughly a 4.5 percent stake in Anysphere, positioning them among the youngest billionaires in the technology industry.
Source: ET
Aman Sanger co-founded the AI startup in 2022 alongside fellow Massachusetts Institute of Technology students Michael Truell, Sualeh Asif, and Arvid Lunnemark. What began as a university project has evolved into one of Silicon Valley's fastest-growing artificial intelligence companies. Sanger studied computer science at MIT from 2018 to 2022, where he met his future co-founders. Reports indicate that Sanger and Truell were selected as Neo Scholars, a programme that connects promising technical talent with Silicon Valley founders and investors.
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The AI coding platform is now used by millions of developers across nearly 50,000 companies worldwide, including major technology firms such as Nvidia, Adobe, Uber, Shopify, and PayPal.
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Cursor has crossed $1 billion in annualized revenue, making it one of the fastest-growing businesses in the AI sector. According to company data previously shared with Reuters, Cursor has rapidly expanded its operations, generating approximately $2.6 billion in annualized enterprise revenue. The startup specializes in AI-driven software development tools that help automate coding processes, addressing a critical need in the technology industry where developer productivity remains a key bottleneck.Born in the United States to Indian immigrant parents, Aman Sanger grew up in an environment that emphasized education, entrepreneurship, and professional achievement.
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His father, Arvind Sanger, is an alumnus of IIT Bombay and later founded Geosphere Capital, an investment firm focused on natural resources, industrial sectors, and Indian equities. His mother, Shilpa Sanger, was raised in Mumbai and built a career spanning healthcare, entrepreneurship, and startup investing. She serves as a board member of education non-profit Pratham USA.2
Inspired by his family's entrepreneurial background, Sanger began coding at the age of 14. Before co-founding Cursor, he completed internships at Google and Bridgewater Associates and launched his own AI consulting venture.
Source: Analytics Insight
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Sualeh Asif, who serves as Anysphere's chief product officer, is originally from Karachi, Pakistan, and has a strong academic background in mathematics and computer science.
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He represented Pakistan at the International Mathematical Olympiad from 2016 to 2018, winning a bronze medal and showcasing his talent in competitive mathematics from an early age.1
While in college, Asif founded an AI-powered search engine startup, demonstrating his interest in artificial intelligence and entrepreneurship long before the launch of Cursor. His collaboration with fellow MIT students eventually led to the creation of the widely-used coding automation tool.The entrepreneurial journeys of these founders reflect the growing influence of AI-driven innovation in the global technology industry.
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SpaceX's massive investment signals strong confidence in the future of coding automation and AI-assisted development. As software development becomes increasingly complex, tools like Cursor that streamline the coding process will likely become essential infrastructure for tech companies. The acquisition by SpaceX, rather than a traditional tech giant, suggests potential integration with Musk's broader vision for AI development across his various ventures. Industry observers will be watching how this deal shapes the competitive landscape for AI-powered development tools and whether it triggers further consolidation in the sector.Summarized by
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