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

Post by fumar » Wed, Apr 22, 2026, 5:18 AM UTC

ryanSrich wrote: post #549

ignoramous wrote: post #306

Earlier quoted context omitted.

Despite their impressive ARR, Cursor faces existential threat from not only BigLabs (Claude Code, Open AI Codex) but also BigTech (AWS Kiro, Google Antigravity, MS VSCode). I am sure the usual suspects would have lined up to purchase Cursor, and the deal from xAI was probably the best of the lot. Marks an end to a remarkable sprint for a 3yo company, and an admirable exit (considering the recent discombobulation of W…

Having tried most (all?) of the commercially available + open source options, and even tangential competitors like CC, Conductor, Antimetal, etc. I haven't found anything that's close to the experience of Cursor. The harness they've built is incredible. I'd even go so far as to say that any competitors that are direct (windsurf, kiro, etc.) aren't even in the same universe. Cursor is just so much better, faster, has…

Post by jurgenburgen » Wed, Apr 22, 2026, 5:21 AM UTC

NitpickLawyer wrote: post #529

rvnx wrote: post #514

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They have 2B ARR because their business model is about selling models cheaper than they cost. The main frenzy with Cursor started when you could access Anthropic models practically for free. Otherwise it is just VS Code.

> Otherwise it is just VS Code. This is a bit simplistic. It's the VS Code that everyone used before cc came to town. Real devs, on real projects. All that data they collected is worth a lot more than "just vscode". Their composer2 is better than kimi2.5 and it's just a finetune on that data. xAI had a decent model in grok4 (it was even sota on a bunch of benchmarks for a few weeks), but they didn't have great coding…

Post by itemize123 » Wed, Apr 22, 2026, 5:23 AM UTC

btown wrote: post #327

robertjpayne wrote: post #243

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They're going to force a S&P500 index listing on IPO day so we're all going to be forced to baghold this regardless of if we want to or not unless you've got $0 in any major retirement fund.

The question is, is everyone integrating a special SpaceX correction in their algorithmic trading? Because if a dip in the index due to SpaceX causes old algorithms to think it’s a more structural issue (well, more than it is), and sell on that indicator, will that cause a cascade?

Post by insane_dreamer » Wed, Apr 22, 2026, 5:26 AM UTC

_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.

Post by bushbaba » Wed, Apr 22, 2026, 5:32 AM UTC

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…