"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.
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SpaceX to buy Cursor for $60B
431–440 of 1001 posts
Re: SpaceX to buy Cursor for $60B
#432A space company is buying an IDE for roughly the cost to build 150 of world's most expensive modern hospitals [1]. How is this in SpaceX's interest? Isn't it kinda bizarre that Elon is pivoting SpaceX to something else? 1. https://www.cnbc.com/2026/06/16/spacex-spcx-cursor-acquisiti...
SpaceX’s interest is being an Enterprise AI corporation, they identified it as a $24 trillion addressable market, in comparison to their quarter trillion rocket related one
It’s all disclosed in the S-1, you read it right?
In America all you have to do is tell potential investors what you’re doing, its up to the people to use their discretion afterwards
Re: SpaceX to buy Cursor for $60B
#433A space company is buying an IDE for roughly the cost to build 150 of world's most expensive modern hospitals [1]. How is this in SpaceX's interest? Isn't it kinda bizarre that Elon is pivoting SpaceX to something else? 1. https://www.cnbc.com/2026/06/16/spacex-spcx-cursor-acquisiti...
is spacex a space company? I thought they were an internet provider that wants to use their strategic advantages to get into AI including AI infra like data centers.
Re: SpaceX to buy Cursor for $60B
#434A space company is buying an IDE for roughly the cost to build 150 of world's most expensive modern hospitals [1]. How is this in SpaceX's interest? Isn't it kinda bizarre that Elon is pivoting SpaceX to something else? 1. https://www.cnbc.com/2026/06/16/spacex-spcx-cursor-acquisiti...
It’s all in a stock that may very well be near its zenith when this closes (or maybe not. This is so far past fundamentals it’s impossible to tell).
They’re spending Monopoly money.
It also seems like SpaceX is poised to Hoover up all of Elons companies so it’s might not be “just a space company” for long.
Re: SpaceX to buy Cursor for $60B
#435A space company is buying an IDE for roughly the cost to build 150 of world's most expensive modern hospitals [1]. How is this in SpaceX's interest? Isn't it kinda bizarre that Elon is pivoting SpaceX to something else? 1. https://www.cnbc.com/2026/06/16/spacex-spcx-cursor-acquisiti...
Calling it an IDE is under-representing cursor
They have in-house models, and the data to train even more powerful ones. The cursor team is a proper AI lab.
Re: SpaceX to buy Cursor for $60B
#436A space company is buying an IDE for roughly the cost to build 150 of world's most expensive modern hospitals [1]. How is this in SpaceX's interest? Isn't it kinda bizarre that Elon is pivoting SpaceX to something else? 1. https://www.cnbc.com/2026/06/16/spacex-spcx-cursor-acquisiti...
Elon is consolidating all of his property into one single megacorporation because he is confident that nobody will ever challenge this, given the current political direction of the United States.
> the current political direction of the United States
These kinds of comments reek echo-chamber parroting and zero substantive research. As someone that very much enjoys and carefully follows politics, the current political direction points squarely to Republicans getting absolutely pummelled in the midterms, effectively turning Trump's administration into a 2-year lame duck. What are you even talking about?
Re: SpaceX to buy Cursor for $60B
#437"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.
> They're also saying that the AI market is worth roughly 10% of all global real estate.
Why limit yourself to one planet? Space is infinite ;-)
Re: SpaceX to buy Cursor for $60B
#438Here's a shower thought. BTC essential is worth $70k solely through the power of memes. Can TSLA and SPCX remain overvalued (relative to the revenue of their respective underlying assets) forever through the power of memes? Intuitively, it seems to me that there must necessarily be some kind of upper limit, but I'm not convincing myself. These speculative assets are only attractive as long as the price keeps inflatin…
The saying "The market can remain irrational longer than you can remain solvent" exists for a reason. In short, the answer to your literal question is "no" because nothing remains forever in this world. The practical answer is "yes" because the TSLA stock has been irrational for years already and it shows no sign of stopping.
That saying assumes a rational market, and while there is some evidence that the average human behavior trends towards the rational there are plenty of evidence against individual behavior being rational (see homo economicus).
As more and more wealth get distrubuted to fewer and fewer hands, and as fewer and fewer extremely rich individuals control more and more of the market, My gut feeling is that if the market was ever rational (which btw. I am not entirely convinced of) that very much no longer holds true.
Re: SpaceX to buy Cursor for $60B
#439$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.
revenue ≠ future cashflows
Re: SpaceX to buy Cursor for $60B
#440Anyone recommend an alternatives? For no particular reason I’m canceling my cursor subscription today.
If you want something price-competitive with composer 2.5, deepseek pro is very cost-effective. Just rig it up in opencode via openrouter.
Don't use OpenRouter, the company is a shitty middle man. Use DeepSeek API directly.