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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

#691

Post by sippeangelo »

boplicity wrote: post #99
sippeangelo wrote: post #74

That's a hefty payday for a model that barely functions! Every time I run out of API credits and get kicked back to Composer 2 I feel like I'm better off just packing up for the rest of the month. I feel like we're finally at a point where you don't have to constantly argue with and constantly babysit coding models, which makes it even more frustrating when you're suddenly forced to deal with one that ignores your in…

I actually really like Composer 2. For my use case, between the planning tool, and getting it to ask a lot of clarifying questions, I regularly get very good results. I'm not doing anything complex though; mostly staying in the lane of very common web app type code.

It definitely feels sufficient for questions and planning, but it is surprisingly lacking in the actual coding department once you go for edits that need changes in multiple files. Which is surprising considering they should have been able to train it on their own harness!

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

#692

Post by utopiah »

laughing_man wrote: post #246
miffy900 wrote: post #162

Earlier quoted context omitted.

Yep. there's absolutely no way that Cursor is worth that much. for contrast, Elon paid $44b for twitter back in 2022. When you adjust for inflation, Twitter was acquired for $49b in 2026 money. Cursor getting bought for 1.22x more is just insanity. Elon seems unwilling to shake off the image that he has basically no idea what he's doing.

I certainly wouldn't mind having that image if it meant being the wealthiest man in the world.

Sounds like playful comments people do about nymphomaniacs. Sure nobody would mind being the wealthiest man in the world without the downsides. Look at the guy. He's not just clueless, he's actually totally lost. Do you know how many kids he has and how many broke all contact with him, the wealthiest man in the World? Does this look like an enviable situation?

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

#693

Post by CryptoBanker »

larodi wrote: post #541
anonymid wrote: post #153

I guess the hope is that combining two sub-par coding models (xAI's grok + cursor's composer) and combining the data they have access to, they can build something that can compete with OpenAI / Anthropic in the coding space... I guess I kinda see it... it makes sense from both points of view (xAI needs data + places to run their models, cursor needs to not be reliant on Anthropic/OpenAI). I think I don't see it worki…

Can s.o. please explain, does the Cursor EULA really allow it to train on my code, as I really don't expect Claude Code or CODEX to do it either?

It does unless you opt out

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

#694

Post by sippeangelo »

impulser_ wrote: post #92
sippeangelo wrote: post #74

That's a hefty payday for a model that barely functions! Every time I run out of API credits and get kicked back to Composer 2 I feel like I'm better off just packing up for the rest of the month. I feel like we're finally at a point where you don't have to constantly argue with and constantly babysit coding models, which makes it even more frustrating when you're suddenly forced to deal with one that ignores your in…

Cursor is still the best coding environment and hardness. It's actually not really close. They are so good that they actually made Gemini usable. The problem is they can't compete with Anthropic and OpenAI because they can't sell Opus and GPT at a discount to subscribers like OpenAI and Anthropic do with their subscriptions. So they either need to build a competing model or slowly die.

That's why I'm so puzzled to why Composer doesn't work better when they have the ability to train it from scratch for their agent harness! Yet it still fails to apply edits, gets confused why it can't call some commands in its sandbox, the list goes on...

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

#696

Post by tomgp »

neonstatic wrote: post #688

Question for Musk hating people - I understand why you hate Musk, but why is doing business with Altman or Microslop any better?

Not much better but at least they're not speaking at far right rallys and lending support to fascist parties across Europe.

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

#697

Post by utopiah »

kakapo5672 wrote: post #254
jesse_dot_id wrote: post #186

Every time Musk does anything these days, it further reveals the shell game he's playing with his companies. This is going to be an Enron type of story eventually. I truly wish I had a choice to pull my tax money out of this particular subsidy.

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

In part thanks to SpaceX purchase of CyberTrucks.

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

#698

Post by MikeNotThePope »

utopiah wrote: post #684

Surely you mean xAI right, surely it's a typo? Right...? The same "mistake" that SpaceX bought 10% of Tesla CyberTruck? Wait are they all Musk's companies? Is it a pattern? /s obviously

Both statements would be correct. SpaceX bought xAI a couple months ago.

Some random article on the topic: https://www.bbc.com/news/articles/cq6vnrye06po

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

#699

Post by utopiah »

monocasa wrote: post #405
fnordpiglet wrote: post #223

Earlier quoted context omitted.

Tesla is the free cashflow play that is probably the most important for mars as there is no distilled fermented dinosaur juice on mars, but considerably more by ratio of lithium / oil than the Earth. Our flintstone fire mobiles won’t work so well there, and battery / solar will be important there for everything, including mobility and armies of slave robots.

Mars gets less sunlight on a good day for solar power; the inverse cube law really hits you harder than you'd think. And that's before accounting for the planet wide dust storms that can last for months. We're probably looking at nuclear fission generators to get started, then converting to geothermal at any appreciable (and maybe fusion, inshallah).

Right, right, all those facts... that's nothing compare to Musk's genius and will! /s

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

#700

Post by aoshifo »

nbardy wrote: post #545
isodev wrote: post #534

Earlier quoted context omitted.

This valuation is absurd. Perhaps a year ago- sure, but there have been so many iterations of this “kind of editor” since then, not to mention countless alternatives. So for me it’s more of a data deal - Elon buying himself some insight into codebases and real dev usage patterns? Oh finally someone to use his dirty data centres

People keep saying this and they don't understand how businesses work. Cursor has 1B in enterprise revenue. It doesn't matter if people can clone their product, those deals don't move slowly

> Cursor has 1B in enterprise revenue.

That' all well and good and they had astounding growth rates but doesn't mean much. And 1B in ARR is not _that_ much in comparison. Also, reportedly they spend all their revenue and they have no control over the spend-side. The models they use will very likely get much more expensive. All the foundation model companies have a competing product. Cursor has the first mover advantage, but that will only help then so much. There have been plenty companies who grew fast, had huge revenue, but failed in the end, because they never got profitable. That's also in the cards for Cursor, if they don't fundamentally change their business model

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