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SpaceX to buy Cursor for $60B

reuters.com

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Re: SpaceX to buy Cursor for $60B

#651

Post by georgeecollins »

drakythe wrote: post #230
geremiiah wrote: post #167

Here'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.

Or the way I would think about it is (I think this was a Krushchev quote): You don't convince people there is no imaginary river, you convince people that you built an imaginary bridge across the imaginary river.

So you are never going to convince people that Tesla won't make a fortune on humanoid robots or SpaceX won't colonize Mars. The fever will break when people decide flying robots (or whatever) are a bigger business then humanoid robots or some other company than Space X will colonize the ocean before Mars. You aren't going to convince people to price these things reasonably but eventually the heat will wear off.

Re: SpaceX to buy Cursor for $60B

#652

Post by MaxHoppersGhost »

greenpizza13 wrote: post #582
greenoracle9 wrote: post #46

$60B is a huge price, but buying Cursor gives Musk something xAI has struggled to build: a popular coding product with real developer and enterprise adoption. It may be the fastest way to catch up in AI coding. The real question is whether SpaceX ownership improves Cursor or drives its users away.

There's no way I will continue to use Cursor if it's Elon-owned. His actions at DOGE literally caused the deaths of thousands. We should all boycott.

Citation needed.

Re: SpaceX to buy Cursor for $60B

#654

Post by scotty79 »

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...

Please don't let Musk know that his money can be used for the real world, mundane stuff.

Because he will buy 150 hospitals and drive them to ruin, private equity style.

We are way better off when he pays abstract amounts of it for abstract stuff to some random nerds and grifters.

His money is not a resource that could be put to any good use. It's a liability for all of us.

Re: SpaceX to buy Cursor for $60B

#658

Post by scotty79 »

rkagerer wrote: post #653

Will the $60B be newly minted SPCX shares? Does this effectively dilute investors by about 2-3% (minus some fraction representing the fair value of Cursor)?

Spcx is so overvalued that its value for the investors is whatever they wish it to be. If they wish it causes no dilution their wish becomes true. They already wished about 90% of the whole share price into existence.

Re: SpaceX to buy Cursor for $60B

#660

Post by s4i »

estetlinus wrote: post #466
frays wrote: post #102

Is 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).

I have seen a few codebases lately with AI-bullish teams. Code produced by Cursor reeks of low quality. I’ve tried it but never got hooked. AFAIK their market is pseudo-technical people who haven’t found the terminal yet.

I don’t understand this take. In my company a lot of the Claude Coders seem to be very uninterested or unaware of the code they are producing, while I in Cursor usually click ”Keep”/”Undo” on specific code blocks (with little edits) or sometimes the whole file at once if it’s a low risk part of the codebase. I fail to see how this workflow produces inferior code vs shooting in the blind and maybe skimming a huge diff in one go.
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