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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
#842Wow. 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 $60B? One would think Elon would learn his lesson after overpaying for Twitter and then having to merge his failures together to stay afloat. But no, more cash into the burning pile.
It's not the codebase they're purchasing, it's the customer list, R&D talent, and most importantly, data corpus.
X AI is weak on coding and most of their founding researchers have departed for greener pastures. Musk has a great datacenter, but no researchers or data to use it with. This acquisition makes sense in that context.
See also ($, Stratechery) https://stratechery.com/2026/john-ternus-and-apples-hardware...
Re: SpaceX says it has agreement to acquire Cursor for $60B
#843Earlier quoted context omitted.
A lot of enterprises were doing that but now they hit the 150 user limit on Claude and are paying seat+api rates. Codex is still going strong but it’s hard to imagine they won’t do similar eventually. So now im honestly hearing a lot more folk stick it out with cursor while waiting for the dust to settle.
>A lot of enterprises were doing that but now they hit the 150 user limit on Claude and are paying seat+api rates. A lot of enterprises use Github Copilot which has per-request pricing model which effectively means unlimited tokens which eliminates this issue.
This isn't true anymore.. GitHub are rate limiting people on pro and pro+ pretty hard
Re: SpaceX says it has agreement to acquire Cursor for $60B
#844Re: SpaceX says it has agreement to acquire Cursor for $60B
#845Earlier quoted context omitted.
> this theory seems to predict what the company does better than assuming everything's a ketamine fever dream. I think Musk being a ketamine addict explains a lot and this is very aligned. Given that he can't build a self-driving car, he would have to be under the influence of very strong drugs to think he could build a Dyson sphere of all things. That being said, some sort of financial fraud is even more on brand.
Dumb question, do the cybercab thingies not drive themselves? Having a safety driver doesn’t disqualify them if for the vast majority of the time they’re autonomous. It just means they’re earlier into chasing 9’s than Waymo. The characterisation of “level 5” autonomy as the car handling any conceivable circumstance (not that you explicitly made this claim here) is just silly. Humans can’t handle any conceivable circu…
No they do not drive themselves. They're not Waymos (which do drive themselves, without a driver).
Re: SpaceX says it has agreement to acquire Cursor for $60B
#846Earlier quoted context omitted.
Turns out that when you are using some oligarch's platform, you don't own jack. This is digital feudalism, and the billionaires have seized the means of communication.
Billionaires have always owned the means of communication (just look at the Salzbergers, Murdochs, etc). Digital decentralized protocols (smtp, http, etc) were the first time this wasn’t true. But you [we] voluntarily moved your communication off of open internet protocols onto private ad-based platforms. Of course you don’t own anything there, you never did. The billionaires didn’t “seize” anything. You happily sold…
they didn't ever own radio, as evident by AM radio still being crazy and ham still being around
Re: SpaceX says it has agreement to acquire Cursor for $60B
#847Earlier quoted context omitted.
> How is a VSCode fork and a open weight LLM fine-tune worth $60B? Ignoring future business ideas, Cursor reported reached $2 billion+ annualized revenue run rate in 2026, doubling from 2025. Recent financing rounds reached high-end valuation between $30 billion and $50 billion.
Revenue without expenses is meaningless. Annualized revenue is even worse. It's like a gambler bragging that they spin through $20,000 a month. Yeah, but for how long? If you give me a billion, I can do an annualized revenue run rate of ~$12 billion just by selling a dollar for 99 cents.
As the old joke goes:
We're losing money on every unit, but we'll make up for it in volume.
Re: SpaceX says it has agreement to acquire Cursor for $60B
#848Wow. 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.
> How is a VSCode fork and a open weight LLM fine-tune worth $60B? Ignoring future business ideas, Cursor reported reached $2 billion+ annualized revenue run rate in 2026, doubling from 2025. Recent financing rounds reached high-end valuation between $30 billion and $50 billion.
I expect Cursor passes nearly every cent it collects on to Anthropic and OpenAI
Re: SpaceX says it has agreement to acquire Cursor for $60B
#849Earlier quoted context omitted.
This can’t a serious comment. Did you notice the size of the Artemis rocket and the size of the payload it sends to the moon and back? Do you expect there to be diamonds just laying these on the moon surface, no mining required.
you don't have to ship things the moon, you just build a mass driver on the moon that sends things to earth. it doesn't need to yield diamonds, this would be lucrative with just fresh water
You actually believe that transporting _water_ from the moon to earth could ever be profitable, no, lucrative? Can you lay out the economics? Just so I understand.
Re: SpaceX says it has agreement to acquire Cursor for $60B
#850Earlier quoted context omitted.
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?
X is a subsidiary of xAI (responsible for Grok) is a subsidiary of SpaceX. Tesla is the only major Elon business that’s independent of SpaceX at this point
That's such a weird structure