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SpaceX to buy Cursor for $60B

reuters.com

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Re: SpaceX to buy Cursor for $60B

#981

Post by slfnflctd »

AbstractH24 wrote: post #980
mikeryan wrote: post #434

Earlier quoted context omitted.

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.

> 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). Nah, not in a bubble or anything at all.

"The market can remain irrational..."

I called bubble on Tesla and Bitcoin both over 10 years ago.

Still going strong.

It's a whole lotta chaos, fueling some pretty messed up stuff. It is hard to watch.

Re: SpaceX to buy Cursor for $60B

#982

Post by AbstractH24 »

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).

> Is anyone on HN still actually using Cursor in 2026?

Which makes this a godsend for Cursor.

Even if SpaceX stock plummets 90% before the lockup ends, I assume everyone will make out better than any other exit that could have occurred.

Who would buy them that would seem rational?

Re: SpaceX to buy Cursor for $60B

#984

Post by xp84 »

andriy_koval wrote: post #827
buzzcut_ wrote: post #747

This is a stupid comparison, but Mojang/Minecraft was acquired for 2.5 billion in 2014. Arguably the most popular video game of all time, which has brought joy to hundreds of millions of people for years and years, was valued at 1/20th of an AI startup that will soon disappear into irrelevance. While Minecraft is just a game, I'd argue it has more societal value than Cursor. The way things are valued is nonsensical t…

Elon has all his datacenters idling, and his xai failed. What else would you buy to still stay in the race?

Idling? Where do you get your news? He's leased a ton of capacity to everybody else. Makes little difference to Musk whether Grok is using them or someone else is paying him to use them. We all know from AWS's profitability that renting servers to other people is great business. You get a check every month (often from other people's VC money) as opposed to having to figure out how to monetize.

Re: SpaceX to buy Cursor for $60B

#985

Post by aagha »

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.

IDK if you understand how much $60B is.

Re: SpaceX to buy Cursor for $60B

#986

Post by timoxley »

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've recently switched off those to Cursor. More flexible tool, better interface.

Re: SpaceX to buy Cursor for $60B

#987

Post by jonator »

jatora wrote: post #551
jonator wrote: post #536

90% of my dev workflows have moved to Devin cloud agents. I don’t miss the days of fumbling around with my local repos across my multiple agent work trees or clones. I just throw a task at Devin and I get a PR a few moments later. Then it monitors the PR for any failing CI or review comments without me in the loop. Now I can have 10+ Devin’s running at any given moment as I walk home from the coffee shop.

I cant believe people still use Devin. This is just filling the niche of vibe PR'ing? Not even vibe coding? Another level removed from the codebase than even claude code/codex are?

Yep, but the code is still reviewed/tested/validated before merging (so -vibe)

Re: SpaceX to buy Cursor for $60B

#988

Post by fuzzfactor »

UncleOxidant wrote: post #675
ghshephard wrote: post #626

Earlier quoted context omitted.

I use cursor 8+ hours/day at work, and have full (and effectively unlimited) access to Claude Code and Codex - tools which I also use personally. I suspect that your "constant popups" were when you were using the editor - a mode that I'll confess I haven't touched in 3+ months. Workflow in Cursor is actually awesome - I'm a little outdated in how I use it - I still establish goals/objectives, rather than managing the…

But what's the $60B differentiator here? There are so many similar tools out there. I generally use Opencode, but also Claude code, antigravity and sometimes Kilo code on VS Studio. How can cursor be worth even 10% of 60B?

>How can cursor be worth even 10% of 60B?

It can't as long as there is plenty of AI without it.

The real differentiatior is that if $60B today turns out to be all thrown away in a worst-case scenario, it would be easily more affordable and there would be less negative impact than $47B at the time if it was all thrown away on Twitter.

Re: SpaceX to buy Cursor for $60B

#989

Post by Ray20 »

petre wrote: post #532
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...

How is buying a company sending messages on the Internet for $45b in the owner's interest when Westinghouse, who built nuclear reactors sold for under $10b? The market is irrational.

I think it has something to do with the fact that the first company is better at spreading messages on the Internet than the other at building reactors.

Re: SpaceX to buy Cursor for $60B

#990

Post by mey »

8note wrote: post #779
buzzcut_ wrote: post #747

This is a stupid comparison, but Mojang/Minecraft was acquired for 2.5 billion in 2014. Arguably the most popular video game of all time, which has brought joy to hundreds of millions of people for years and years, was valued at 1/20th of an AI startup that will soon disappear into irrelevance. While Minecraft is just a game, I'd argue it has more societal value than Cursor. The way things are valued is nonsensical t…

minecraft is the actual metaverse. how much did facebook spend trying to recreate it?

Somewhere between ~15-75+ billion USD. Higher end if you want to include the hardware R&D/etc, which is arguably core to their metaverse concept. I love the idea that they don't even have a product _called_ metaverse. Most of the VR content developer acquisitions costs by Occulus Labs are undisclosed.

https://www.fool.com/investing/2024/04/01/meta-platforms-has... https://en.wikipedia.org/wiki/Reality_Labs#Acquisition_by_Fa... ~1.6 billion

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