Hacker News Board Hacker News, browsed like a classic message board
Live data from Hacker News

SpaceX says it has agreement to acquire Cursor for $60B

twitter.com

Post reply on HN
Print view View original

501–510 of 1001 posts

Re: SpaceX says it has agreement to acquire Cursor for $60B

#501

Post by solarkraft »

nikcub wrote: post #94

knee-jerk is that it's weird, but makes sense: * X will have a total of ~2GW of GPU sometime this year largely not doing much outside of 'grok is this true' * despite no longer being in vogue with consumer devs Cursor still has a lot of developer data that can assist in building a model * Cursor have decent enterprise relationships (while for xAI it is ~zero) and that's where the real revenue for llms + agents is * C…

> Cursor still has a lot of developer data that can assist in building a model

Their composer model is seriously good. I’ve been eyeing a cursor sub just to use it in OpenCode. They have a nice moat here.

> Cursor have decent enterprise relationships (while for xAI it is ~zero)

That has a reason. Those enterprise relationships are almost certainly going to sour at least a bit, if not for Musk‘s toxic image then for his erratic behavior.

Re: SpaceX says it has agreement to acquire Cursor for $60B

#502

Post by sethops1 »

cramsession wrote: post #325
kakapo5672 wrote: post #254

Earlier quoted context omitted.

Tesla is profitable, as a matter of public record. And SpaceX is, by all accounts, extremely profitable.

Tesla has a P/E ratio of 364.981. It's blatant fraud.

Nobody is forced to buy shares of any company. Even automatic 401k investment plans let you specify what to buy if you so choose. Perhaps you could make the argument Elon makes false promises to boost the stock price, but at the end of the day, individual investors must decide what they believe in no matter the CEO's antics.

Re: SpaceX says it has agreement to acquire Cursor for $60B

#503

Post by nirvdrum »

MangoCoffee wrote: post #322
cyberax wrote: post #86

Earlier quoted context omitted.

JetBrains is crying in the corner...

I've subscribed to Jetbrains all product for years. If the agent coding is going to be the next wave. Jetbrains is really behind. Even Microsoft offer better agent coding with VScode and Github copilot cli.

They’re definitely playing catch up, but the IDE integration makes interactive development really nice. Claude is good for one-shotting things, but I find JetBrains AI integration really useful for working with large codebases where I may be unfamiliar with things.

I think they’ve been caught in a bad spot. They’re a profitable company, but nowhere on the scale of Microsoft. And they don’t have billions of VC to effectively price dump. Other tools that can focus on one thing and burn cash are advancing quickly and some of them don’t really need an IDE at all.

The semi-recent introduction of ACP integration in the JetBrains IDEs has been a nice bridge. But now it’s confusing how everything comes together. I really hope they can survive.

Re: SpaceX says it has agreement to acquire Cursor for $60B

#504

Post by solenoid0937 »

zzleeper wrote: post #19

I'm sworn off from Musk-related products, and this will prob make cursor worse (switch to X's LLM for instance). So, any suggestions for switching? Codex; Claude Code? (I like my IDE and I like the freedom to choose a model, which is why I stuck with Cursor even when it felt more expensive)

If you are very cost constrained, Codex. Otherwise, Claude Code.

Re: SpaceX says it has agreement to acquire Cursor for $60B

#505

Post by attentive »

martinald wrote: post #131
nikcub wrote: post #94

knee-jerk is that it's weird, but makes sense: * X will have a total of ~2GW of GPU sometime this year largely not doing much outside of 'grok is this true' * despite no longer being in vogue with consumer devs Cursor still has a lot of developer data that can assist in building a model * Cursor have decent enterprise relationships (while for xAI it is ~zero) and that's where the real revenue for llms + agents is * C…

Yes I think you're right. Reinforcement learning is extremely compute heavy, which cursor doesn't have. And X.ai doesn't have the coding agent data anthropic/OpenAI has, but does have the compute. However, one thing in AI is that while the usage goes up extremely quickly, it tends to go down just as fast. I know a lot of companies that are in the process of switching from Cursor to Claude Code, so in 6-12 months I'm…

> Also I think it is telling that they are calling them SpaceX not X. The X brand is absolutely toxic, especially in enterprise.

it might not help all that much once it turns into "grok" harness or otherwise associated with elon

Re: SpaceX says it has agreement to acquire Cursor for $60B

#506

Post by boc »

zzleeper wrote: post #19

I'm sworn off from Musk-related products, and this will prob make cursor worse (switch to X's LLM for instance). So, any suggestions for switching? Codex; Claude Code? (I like my IDE and I like the freedom to choose a model, which is why I stuck with Cursor even when it felt more expensive)

Zed is snappy as an IDE, and ghostty for your CLI. I've done like 99% of my work in the past month just in ghostty + CC.

Re: SpaceX says it has agreement to acquire Cursor for $60B

#507

Post by dalmo3 »

esalman wrote: post #336
_bypa wrote: post #328

Guess I'll be looking for a replacement for Cursor now... Anyone have recommendations? I like the plan/agent mode and the fact that it's an IDE, so I can use it in the traditional way as well as by yapping with a bunch of agents. Also the Cursor rules I've curated and they do their job well.

I briefly used Cursor but stopped and went back to VSCode after the 3.0 rewrite when they ditched it.

The new UI is literally opt-in. Nothing changed for me.

Re: SpaceX says it has agreement to acquire Cursor for $60B

#508

Post by vessenes »

gpm wrote: post #204
Lonestar1440 wrote: post #195

So SpaceX bought a $60B Option on Cursor, plus a bunch of services, for $10B. If strike date comes and Cursor is in fact worth less than $60B... they can move to acquire it for that price. Or just let it "expire". And if it's worth more, they get a savage good deal. If the services were worth $8B anyway, it's hard to lose. It seems less crazy to me through this lens. A straight acquisition, today, at $60B would in fa…

Paying $10B for the option is also crazy though. Paying $10B for the thing outright and not just an option would be absurdly high.

Not only is it almost certainly compute (“services”) it’s likely priced at Anthropic rack-rate, or at least what Cursor’s been paying Anthropic.

The cluster’s already paid for, so likely in the $2B range for operating cash needs. Not more than $5.

If I imagine bringing in Cursor’s team to build a frontier model, ideally combined with Grok, which has one of the few truly proprietary data feeds available to it, and with a much larger custom model Cursor can solidify a place, and I get to do a stock swap to buy it, this sounds like a bet worth making.

Upshot - I bet there’s an MS/oAI deal on IP on the back of this; meanwhile the cluster goes brrr.

Re: SpaceX says it has agreement to acquire Cursor for $60B

#509

Post by theahura »

airstrike wrote: post #211
theahura wrote: post #123

Lots of people in the comments talking about how this is about training data, but surely this is actually about hiring competent people after the mass exodus/firing at xAI?

Whoever thinks the talent pool is this limited that it requires offering Cursor of all places $60B is pattern-matching so hard they might as well be a quilt.

hi, im the quilt.

Note that Meta paid ~16b for Alexandr Wang, and Google paid ~3b for the windsurf executive team. You are making a category error -- the talent pool isn't "ML researcher" it's "competent leader"

Re: SpaceX says it has agreement to acquire Cursor for $60B

#510

Post by c-linkage »

ValentineC wrote: post #259
Forgeties79 wrote: post #225

Earlier quoted context omitted.

Story time please lol

My @valentine got changed to @valentine_ without my consent. https://web.archive.org/web/20150822195811/twitter.com/valen... https://twitter.com/valentine_ (If any lawyers read this and feel up for taking this on contingency, I don't think I'm difficult to contact.)

He probably had plans to use it for some sort of Ender's Game crap but then realized that grok wasn't smart enough to do it.
Post reply on HN