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Business & Commerce

Karachi’s 26-year-old Billionaire Strikes a Historic $60B Deal with Elon Musk’s SpaceX, Shocking the Global Tech Industry

Last updated: April 23, 2026 10:36 pm
Shabih Abbas
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Sualeh Asif, a 26-year-old from Karachi, has entered the billionaire club after his AI coding startup Cursor surged to a valuation of $29.3 billion.

 

A former math Olympiad participant and graduate of Massachusetts Institute of Technology, he currently serves as Chief Product Officer at Anysphere, the company behind Cursor. The AI-driven coding platform has rapidly gained popularity among global tech companies, fueling significant growth in both users and revenue.

 

Supported by major investors such as OpenAI, Andreessen Horowitz, and Google, the startup showcases Pakistan’s strong tech talent—while also sparking conversations around brain drain as leading innovators achieve success overseas.

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