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SpaceX to buy Cursor for $60B

reuters.com

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Re: SpaceX to buy Cursor for $60B

#371

Post by ai-x »

TrackerFF wrote: post #33
wmeredith wrote: post #12

"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.

I'm sure people laughed in 2023 if someone said AI will reach $100B in revenue in 3 years. Yet here we are

Re: SpaceX to buy Cursor for $60B

#372

Post by mdavid626 »

kjksf wrote: post #144
yanis_t wrote: post #42

$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.

Is that profits or revenue? :-)

Re: SpaceX to buy Cursor for $60B

#374

Post by notarobot123 »

yalogin wrote: post #362

What does cursor have? An ide and coding orchestration? They are using Claude or codex for llms, so they get acquired for their user base and tooling? Feels like a lot of money for that given Claude has the majority mindshare.

> What does cursor have?

users

Re: SpaceX to buy Cursor for $60B

#375

Post by esskay »

yalogin wrote: post #362

What does cursor have? An ide and coding orchestration? They are using Claude or codex for llms, so they get acquired for their user base and tooling? Feels like a lot of money for that given Claude has the majority mindshare.

They technically have their own models as well, but they are based on other peoples models.

Most of this is just customers + staff/tech rather than models being acquired. Cursors actually got so much better in the last year. Their composer 2 model (a tweaked version of Kimi K2.5) is decent for day to day mundane tasks and the app can auto switch to more capable models when needed.

Re: SpaceX to buy Cursor for $60B

#376

Post by [deleted] »

TrackerFF wrote: post #33
wmeredith wrote: post #12

"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.

[deleted]

Re: SpaceX to buy Cursor for $60B

#377

Post by maerF0x0 »

osigurdson wrote: post #368

Are people still using Cursor? I haven't in at least a year but perhaps I'm in the minority.

Yes. I like it for small fixes, specifying exact code ranges i want touched, and for asking questions because it links me to the code so I can read it.

I use Claude more for greenfield feature building where I dont need to surgically dig in and view existing code specifics.

Re: SpaceX to buy Cursor for $60B

#378

Post by senordevnyc »

resters wrote: post #86
farco12 wrote: post #72

What an incredible outcome for the Cursor team. Hopefully the Cursor + xAI teams working together can produce a competitive frontier model.

Cursor was simply able to get early access to openai models and get an early lead doing things that are now obvious and done better by many others. Does anyone really want to use a crippled "enhanced" vscode to interact with a crippled version of codex or claude code?

Do you think people are using Cursor to interact with Claude Code? What?

Re: SpaceX to buy Cursor for $60B

#379

Post by connicpu »

yalogin wrote: post #362

What does cursor have? An ide and coding orchestration? They are using Claude or codex for llms, so they get acquired for their user base and tooling? Feels like a lot of money for that given Claude has the majority mindshare.

They have a giant pile of data from every customer that didn't disable data retention

Re: SpaceX to buy Cursor for $60B

#380

Post by iamsaitam »

mackenney wrote: post #9
PUSH_AX wrote: post #7

In related news, I'm open to suggestions for coding agent harnesses.

Happy pi.dev user here, give it a try! I would say that's kind of the "vim experience" but for harnesses: has the minimum, if you want something more you extend it :)

Saying it gives "the minimum" is generous, it's pretty much useless out of the box. And did I say slow as well? I think pi is great if you're into spending your time managing your harness rather than using it. In that regard, it's more like neovim.
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