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SpaceX to buy Cursor for $60B

reuters.com

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Re: SpaceX to buy Cursor for $60B

#641

Post by stymaar »

sva_ wrote: post #574
Alifatisk wrote: post #422

A 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...

> all-stock deal It's not like they could easily cash out all of those $60B. I always find it troublesome that we generally conflate cash with stonks, market caps, and such.

> It's not like they could easily cash out all of those $60B.

They probably have a vesting period of some sort (as they would with cash as well) but beyond that they will definitely be able to cash out all of their money as soon as they are allowed to.

$60B is 3% of SpaceX at today's valuation, Musk had no issue selling this amount of Tesla shares to buy Twitter. The idea that stocks are somehow not liquid is an nonsensical urban legend.

Re: SpaceX to buy Cursor for $60B

#643

Post by popcorncowboy »

guidedlight wrote: post #77

Does anyone here think Cursor is overvalued? It's just packaging up what already exists, it has no moat or IP.

Moat is whatever thing is stopping the next guy from simply drinking your milkshake. People conflate "I could smash this out in a weekend" with "and therefore could also build a multi-billion dollar revenue stream in [counted in months]".

Re: SpaceX to buy Cursor for $60B

#645

Post by MangoCoffee »

It’s the best exit for Cursor. There’s not much of a path for Cursor besides getting acquired. Cursor is a fork of VSCode. How much improvement can you really make? Cursor’s own model is based on a Chinese model. OpenAI and Claude are SOTA for coding. The only selling point for Cursor’s model is that it’s cheap.

This is the best outcome for Cursor.

Re: SpaceX to buy Cursor for $60B

#646

Post by anukin »

digitaltrees wrote: post #631
Alifatisk wrote: post #422

A 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...

Because cursor gets some of the highest quality training data from the world's programmers and responses from the full ecosystem of model vendors and access to active code bases. XAI wants the data.

Highest is extremely subjective in case of cursor. It’s not exactly used by the experienced programmers and caters mainly to neophytes

Re: SpaceX to buy Cursor for $60B

#648

Post by bdamm »

digitaltrees wrote: post #631
Alifatisk wrote: post #422

A 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...

Because cursor gets some of the highest quality training data from the world's programmers and responses from the full ecosystem of model vendors and access to active code bases. XAI wants the data.

Ah hah, this is it. I was also confused - the tool isn't the thing. It's the behavior analysis capability.

Re: SpaceX to buy Cursor for $60B

#649

Post by silentsea90 »

digitaltrees wrote: post #608

I love cursor. It's so frustrating that large companies are allowed to buy everything. Think of a world where github was still independent, cursor remained independent, heroku wasn't part of Salesforce. All great products that get eroded by the neglect of big tech.

tbf, irobot being independent killed them. Sometimes it works well for these companies that would otherwise die. I strongly doubt cursor would survive against anthropic in 5-10 years.

Re: SpaceX to buy Cursor for $60B

#650

Post by petra »

dotwaffle wrote: post #547
drewda wrote: post #489

Earlier quoted context omitted.

The total addressable market (TAM) for SpaceX is finite. There are only so many nation-states and large corporations that want to launch payloads into orbit. And even if their internet service provider is uniquely capable for now, it only fills a strategic need for certain customers. So instead, Musk and Co. need to find bubbling market trends that look like they will have huge gigantic TAMs to justify the potential…

All markets are finite. But you're thinking too finitely -- remember that there was a proposal to use Starship (BFS?) as a point-to-point method of people transport too (London to Sydney in under 50 minutes I seem to remember). You also have other services: Starlink is an obvious one they're pursuing now, but there's many other things that they could branch into with no effective competition right now, from harvestin…

Musk is a genius creating really exciting ideas. No doubt about that.

But as they say,"the devil is in the details"

- Can Starship transport people from London to Sydney safely economically, compared to Boom, which is working on a supersonic passenger aircraft ?

-Why can the boring machine dig tunnel at much lower cost than it's competitors? Maybe it's because the everyone else tries to dig tunnels for trains, which have a much larger diameter than Musk's boring machine, which only fits his "Teslas at a tunnel" concept? And it might be a good idea. Worth a try. But be honest about it.

-Sure, data centers in space probably have some great uses, and I'm happy he's trying, but will they ever be more economical than deploying servers on the ocean? On countries with very cool climate?, powered by new energy technologies?

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