Earlier quoted context omitted.
Cynics on HN easily dismiss AI service wrappers (and many of them are in fact overblown and not worth their own code). But writing a genuinely good harness with lots of context engineering and solid tool integration is in fact not that easy. The biggest issue is that model providers also see what the community likes and often move on with their own offerings that are tailored to their own models, potentially at the t…
> But writing a genuinely good harness with lots of context engineering and solid tool integration is in fact not that easy. true, but its not worth $60 billion fucking quid.
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
#832Earlier quoted context omitted.
Buying Twitter played a key part in getting Trump re-elected, so I think Musk figures he got what he wanted in terms of deregulation, dropped prosecution, and damage to his political opponents. This deal is different: SpaceX is heading for an IPO which is now complicated by xAI becoming a subsidiary. Cursor is actually popular and I’m sure this is all stock-based so as long as investors believe that those users stick…
Buying Twitter played a key part in getting Trump re-elected Some would say it was simply caused by the mediocrity of Bidden and more globally of the democrats. You don't need to brainwash people for this.
Re: SpaceX says it has agreement to acquire Cursor for $60B
#833Earlier quoted context omitted.
Yes. But unlike cursor, Whatsapp had the following advantages: 1. It's cheap to run. 2. It has clear advantages over existing technology (SMS). 3. My mom uses it. She's never going to use cursor. Whatsapp had a huge userbase in Europe. Basically everyone I know uses it. And it was "only" ~$20 billion. Inflation can't be this high.
> And it was "only" ~$20 billion. Inflation can't be this high. While I'm not sure about this buy, Cursor does at least have revenue. WhatsApp was basically running on VC/private money (they had an extremely nominal fee, but I never had to pay it), and was sold to buy its userbase into the Facebook fold. I don't think you can compare that to a business that at least has some decent revenue.
I wish people would stop talking about just revenue. It's mostly meaningless without knowing their expenses.
Re: SpaceX says it has agreement to acquire Cursor for $60B
#834Re: SpaceX says it has agreement to acquire Cursor for $60B
#835Wow. Tech CEOs and investors have completely lost touch with what money really is worth. How is a VSCode fork and a open weight LLM fine-tune worth $60B? One would think Elon would learn his lesson after overpaying for Twitter and then having to merge his failures together to stay afloat. But no, more cash into the burning pile.
Re: SpaceX says it has agreement to acquire Cursor for $60B
#836Of all Musk’s “companies” this makes least sense to me. xAI is at least in the AI space, X.com is a true tech company and Tesla is also closer to AI than SpaceX. Guess SpaceX is the only one with the money “available”.
Re: SpaceX says it has agreement to acquire Cursor for $60B
#837Re: SpaceX says it has agreement to acquire Cursor for $60B
#838Wow. Tech CEOs and investors have completely lost touch with what money really is worth. How is a VSCode fork and a open weight LLM fine-tune worth $60B? One would think Elon would learn his lesson after overpaying for Twitter and then having to merge his failures together to stay afloat. But no, more cash into the burning pile.
I would also ask why is a rocket company buying a VSCode fork? Why not grok or xAI or x or Tesla or any of his other companies?
Re: SpaceX says it has agreement to acquire Cursor for $60B
#839Earlier quoted context omitted.
Yes, and Whatsapp was just a messaging app with a stupid Erlang backend. These deals are not about the tech, they buy the business, that includes the brand and the user base. Whether we think it's worth that amount is indeed up for discussion.
Whatsapp was already the de-facto communication standard for a lot countries in America and Europe when Meta bought it.
Re: SpaceX says it has agreement to acquire Cursor for $60B
#840Wow. Tech CEOs and investors have completely lost touch with what money really is worth. How is a VSCode fork and a open weight LLM fine-tune worth $60B? One would think Elon would learn his lesson after overpaying for Twitter and then having to merge his failures together to stay afloat. But no, more cash into the burning pile.
I would also ask why is a rocket company buying a VSCode fork? Why not grok or xAI or x or Tesla or any of his other companies?
Tesla is the only major Elon business that’s independent of SpaceX at this point