waiting for the anouncement: cursor for grok heavy users.
SpaceX to buy Cursor for $60B
141–150 of 1001 posts
Re: SpaceX to buy Cursor for $60B
#142Does anyone here think Cursor is overvalued? It's just packaging up what already exists, it has no moat or IP.
Cursor, from my companies perspective at least, seems to be handling charming leadership to get enterprise AI contracts in place, compared to the alternatives. That's feeling like the moat from my first-hand experience. Easy single contract that covers a lot of AI cases that management wants to say they have in place.
Re: SpaceX to buy Cursor for $60B
#143SpaceX should rush to acquire as many companies as they can with stock. The market cap is absolute insanity (I know people keep saying this about new high scores in unrelated-to-reality valuations, but this one might just be the pinnacle), with zero rational basis, and they should try to make it real as rapidly as they can. Next up, Anthropic.
Anthropic are already paying $15 b to space X for compute.
Buying depreciating nvidia hardware and renting it out to competitors isn't why SpaceX has a trillion dollar valuation.
Re: SpaceX to buy Cursor for $60B
#144$60b is crazy. Cursor is an extension for VS Code, a harness and a bunch of prompts. They have their own model (Composer 2) which is based Kimi K2.5, but I don't think SpaceX would be interested in it. If they need a harness for grok, they could fork PI. What are they after for here? Customer base? Talent?
Cursor has $4 billion annual revenue rate so $60b is 15 years of future cashflows.
That's not crazy because if past predicts the future, that revenue will grow quickly. At $8 billion/year it's just 7.5 years, which is a reasonable investment.
Re: SpaceX to buy Cursor for $60B
#145I realized a while back that Elon Musk isn't Iron Man. His superhero (or supervillain depending on your view) persona is ZIRP Man, the master of riding successive credit expansion and speculative waves. It's sort of ironic that he at least pays lip service to some Austrian-style quasi-libertarian economic ideas, because the Federal Reserve created him.
Now he's surfing the AI wave. We are no longer technically in ZIRP but the delayed inflationary wave is now traveling through the economy and pumping everything. He knows the best way to soak up cheap money right now is slap AI on it.
I also had the thought the other day that him hitting $1T technical net worth might actually be a harbinger of a lot more future inflation. Inflation of this type hits assets before it hits things like prices and wages, and it hits assets with fast market cycles like stocks before it hits things like Real Estate. The blast wave starts at the top and moves down and out. So maybe Elon hitting $1T really means that in 20 years that'll be more like $100B inflation adjusted. Meanwhile a loaf of bread will be $20 and a starter home $4M.
But the fact that monetary inflation starts top-down is why low interest rates exacerbate inequality. The very richest and most leveraged can use the arbitrage gap to buy everything else before the inflation wave propagates. We've been in a low interest rate environment for about two decades, and you can see during that time how the super-rich with access to cheap money have fully detached from the rest of the economy.
In other words: the reaction to the 2008 financial crisis was to inject huge liquidity at the top, which created the new Gilded Age.
Ultimately it may be somewhat intentional. One way out of a sovereign debt crisis when you also have a sovereign currency is to inflate your way out, which basically is a huge tax on every non-domestic entity that owns your debt.
Re: SpaceX to buy Cursor for $60B
#146Out of curiosity, anyone here still using cursor?
Yes, it’s my daily driver for building the saas I run full-time. I’m not happy about this news. I like the ability to switch between any models, Composer 2.5 is really solid, I like having my agents coworking in the IDE with me, the plan mode is great, Cloud Agents are great, especially with slack, linear, web, etc integrations. I routinely tag an error report in slack and Cursor fires up a Composer 2.5 cloud agent t…
Why are you not happy about this news? Didn’t their collaboration make Composer 2.5 possible?
Re: SpaceX to buy Cursor for $60B
#147> The biggest focus of its business is the manufacture and launch of rockets with reusable parts.
Is it though ? Their TAM in their filing lists 85% as AI. $18.7 billion in REVENUE 2025 yet are spending more than 3x that for Cursor, and AI company.
Re: SpaceX to buy Cursor for $60B
#148My whole team was on cursor for a few months. I enjoyed using it and thought it was the most complete of the agentic coding tools I tried. The thing that got me was the cost. I was switching between Opus and GPT 5.x and was spending anywhere between $500-1000/month. I was using a relatively normal workflow, paste in ticket, plan, execute with dumb sub agents, have the ai test and competing model to validate. The business got uncomfortable with the cost when everyone started doing the same so they switched us to Claude code since it has better cost controls. So far it looks like we won't even touch the $100/month plan and some people would be ok on the $20 plan. Anthropics usage limits is a consistent source of complaint on here but I've found them to be moderately generous in comparison to cursor. Cursor also charges a $.25Mtok premium for 'routing' no matter what model you choose. 5% increase for frontier models but when you're using haiku on sub agents that's a 50% cost increase. Composer is solid but if you don't have deep pockets it's the only feasible model on their platform because of how they bill it. Being an all in one editor/agent is nice but if you're in a language like c# or Java you're already swapping back and forth with a real IDE anyway.
Re: SpaceX to buy Cursor for $60B
#149Is anyone on HN still actually using Cursor in 2026? Everyone I've spoken with is now using either Claude Code or Codex (or Copilot because their companies force them to).
Plenty of enterprises are still using Cursor, though they are facing plenty of pressure because Anthropic and OpenAI bundle Claude Code and Codex which can make it hard to justify an additional license for a third-party harness (why spend that money there when you can buy the underlying tokens instead).
Re: SpaceX to buy Cursor for $60B
#150"SpaceX told investors during the IPO process that it sees an addressable market for AI products worth $26 trillion, roughly equivalent to U.S. GDP." This is unhinged.
I know it has become a meme by now, but IIRC the market for all foods (agriculture, processed food, etc.) on earth is around $10 trillion. So according to SpaceX, the market for AI is 2.5 larger than all the food sold on this planet. They're also saying that the AI market is worth roughly 10% of all global real estate.
What precisely is the moat surrounding AI that SpaceX is using to justify this kind of spending spree? I don't how SpaceX and other AI companies will be able to keep the weights of their AI models private in the face of interest by virtually everyone in the world. It would be absolutely trivial for a nation state to walk into a data center using a state issued security certificate to seize a few of the physical servers running the cloud services of OpenAI / Grok / Claude. Copying the weights is trivial. Infiltrating a company with spies as new hire coders to gain access to source code is also trivial.
This is really starting to feel like the pets.com era again.