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

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

#651

Post by altacc »

mandeepj wrote: post #603
wahnfrieden wrote: post #587

Earlier quoted context omitted.

They are now a Codex clone and without the subscription pricing. You have to spend thousands to get what you get from a $200 Codex subscription. How do they compete with this except from users who haven't caught on yet, or businesses that are unbothered to spend thousands a month per dev and wouldn't consider just subscribing to 1-3 $200 subscriptions instead? And their price is so high because it's markup on API rat…

> users who haven't caught on yet They are catching up fast! https://www.businessinsider.com/chamath-palihapitiya-ai-cost...

Tellingly, from his full post: "Mostly because I do not yet see an equivalent uptick in productivity or revenue..."

https://x.com/chamath/status/2029634071966666964

I suspect that as the value a company provides is more than its code, then increasing code churn does not lead to an equivalent increase in revenue. Even for a tech company, a business' concept, connections, knowledge, assets, non-coding staff, etc.. are a significant value and increasing code doesn't increase the throughput of that value. For non-tech companies code is the grease in the gears, not the gears themselves.

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

#652

Post by kilroy123 »

_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.

Ironically I cancelled cursor a few days ago. I went back to good old VSCode and just use the Claude code and codex extensions.

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

#653

Post by oulipo2 »

rob74 wrote: post #583
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…

What's crazy is that a company that sells an IDE (that's not even a particularly good one compared to competitors like JetBrains) integrating some AI plugins could be worth more than $60B...

Cursor is useless

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

#654

Post by jaccola »

sailingparrot wrote: post #644
omcnoe wrote: post #357

Earlier quoted context omitted.

Problem is basically, that if the option works out (Cursor truly has the talent to train a frontier model on SpaceX's infrastructure, and were simply lacking the infra before) the fair price would be way way more than $60B. OpenAI tried to acquire Windsurf last year for $3B and couldn't.

> Cursor truly has the talent to train a frontier model on SpaceX's infrastructure, and were simply lacking the infra before Wild conjecture.

I think this was an “if” scenario

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

#655

Post by ymolodtsov »

rob74 wrote: post #583
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…

What's crazy is that a company that sells an IDE (that's not even a particularly good one compared to competitors like JetBrains) integrating some AI plugins could be worth more than $60B...

Their revenue and growth justified it. Plus, for xAI that could be the only way to get a SOTA coding model they want so hard.

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

#656

Post by throwanem »

saaaaaam wrote: post #645
whatsupdog wrote: post #589

Earlier quoted context omitted.

[flagged]

Someone who works on a “sugar dating” app advocating for synthetic child porn? That’s… uncomfortable?

To say the least. Great catch! 'O brave new world, that has such people in 't.'

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

#657

Post by nekitamo »

zuzululu wrote: post #477
plombe wrote: post #429

Earlier quoted context omitted.

Wasn’t composer trained on Kimi? Has anyone had a chance to compare the latest Kimi model to composer?

I'm going to be brutally honest but I have not found Kimi to be useful at all. It simply cannot compete with what closed models from Codex and Claude offers. I don't want to risk using a model outside the ecosystem and introduce variables as most of my workflow is baked into two to three large company models.

That's interesting, Kimi K2.5 used through KimiCode was comparable to Sonnet in my tests, and is an excellent alternative to Anthropic models

That being said, I noticed that Kimi being served through Openrouter providers was trash. Whatever they do on the backend to optimize for throughput really compromised the intelligence of the model. You have to work with Kimi directly if you want the best results, and that's also probably why they released a test suite to verify the intelligence of their new models.

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

#658

Post by blitzar »

zacyungblut wrote: post #375
sheepscreek wrote: post #316

Anyone saying this is an aquahire has it backwards. SpaceX is acquiring Cursor’s customers , all those enterprises including NVIDIA itself. I believe Jenson Huang is on the record about the engineers using Cursor everyday. As far as I know, xAI’s enterprise market share is non-existent. This is their way to get some much needed customers.

NVIDIA has 42,000 employees. Even still, when their deal with Cursor comes to an end do we really expect them to stay loyal? And further, sign on with xAI? When they could instead sign with the new hottest enterprise coding IDE (Claude, Codex, etc who are way more popular now). Maybe if it’s an acquihire, it’s the GTM/Sales that xAI is after?

at 42,000 employees and their own (infinite) compute on hand, there has to be at least one plucky junior internally who is suggesting using the open source equivalents, internal / open models and saving a big pile of money.

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

#659

Post by blitzar »

jordanb wrote: post #352
glitchc wrote: post #317

Earlier quoted context omitted.

My money's all in Bitcoin pats himself on the back

Kinda shocked SpaceX hasn't bailed out the DOGE-holders at this point..

The point of a rug pull is for the holders to lose money not to be bailed out.
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