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SpaceX says it has agreement to acquire Cursor for $60B

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Re: SpaceX says it has agreement to acquire Cursor for $60B

#171

Post by joegibbs »

AirMax98 wrote: post #10

What are we even doing here. I have no idea what this has to do with aerospace, but I know a bit about software and this does not look great. Cursor is obviously on a serious decline and has little to no moat in the area they are building in (IDE), which we kinda now know is maybe not even the right area (CLI). I feel like this is just a bad move?

SpaceX is just going to be the Musk Company minus Tesla. X Corp, the X parent, is a subsidiary of xAI which is a subsidiary of SpaceX. This seems back to front, but I suppose SpaceX has the better reputation for investors whereas if X owned SpaceX the IPO would be devalued by the association with Twitter.

Re: SpaceX says it has agreement to acquire Cursor for $60B

#172

Post by scottyah »

AirMax98 wrote: post #10

What are we even doing here. I have no idea what this has to do with aerospace, but I know a bit about software and this does not look great. Cursor is obviously on a serious decline and has little to no moat in the area they are building in (IDE), which we kinda now know is maybe not even the right area (CLI). I feel like this is just a bad move?

Anthropic, OpenAI, and Google are all investing heavily in their desktop type apps, I think the TUI phase is coming to an end.

Re: SpaceX says it has agreement to acquire Cursor for $60B

#173

Post by sheeshkebab »

FpUser wrote: post #135
ellisv wrote: post #100

Earlier quoted context omitted.

I honestly can’t believe how poorly JetBrains has done. I used to love PyCharm but now it’s so far behind. I still use DataGrip but it is absolute dogshit when it comes to agentic coding.

I use JetBrain's all you can eat subscription that comes with their Junie coding agent which includes some free tokens to cover my coding needs. I then top up tokens on on-need basis. Costs me about $100 / month in AI tokens (well I bill my clients for that separately so do not really care bout the price). All works as a charm. I mostly use their CLion, Webstorm and PyCharm IDE's for development, sometimes other as w…

IntelliJ is a bit dated, and its plugins are too. I use IntelliJ all the time, in its various incarnations, but vscode is really up there now.

Re: SpaceX says it has agreement to acquire Cursor for $60B

#176

Post by goosejuice »

cubefox wrote: post #134
nikcub wrote: post #94

knee-jerk is that it's weird, but makes sense: * X will have a total of ~2GW of GPU sometime this year largely not doing much outside of 'grok is this true' * despite no longer being in vogue with consumer devs Cursor still has a lot of developer data that can assist in building a model * Cursor have decent enterprise relationships (while for xAI it is ~zero) and that's where the real revenue for llms + agents is * C…

You forgot to consider whether all this is worth $60B.

$1B to $2B ARR in a few months with projection of $6B ARR by years end. If xAi wants to have it's own tools just like OpenAI and Anthropic, then it's not an unusual move.

Re: SpaceX says it has agreement to acquire Cursor for $60B

#178

Post by Havoc »

nikcub wrote: post #94

knee-jerk is that it's weird, but makes sense: * X will have a total of ~2GW of GPU sometime this year largely not doing much outside of 'grok is this true' * despite no longer being in vogue with consumer devs Cursor still has a lot of developer data that can assist in building a model * Cursor have decent enterprise relationships (while for xAI it is ~zero) and that's where the real revenue for llms + agents is * C…

You've literally got tools like opencode that are MIT licensed. Most of those points X could do on their own or are things that make this attractive for cursor not X.

e.g. Need developer data? Use some of that spare GPU compute, hand out free top end model coding access for a bit and you'll very rapidly have developer data

>decent enterprise relationships

I guess. 60B worth of "relationships" though?

Re: SpaceX says it has agreement to acquire Cursor for $60B

#179

Post by syntaxing »

apsurd wrote: post #145
syntaxing wrote: post #125

60B for Composer 2…that is built from Kimi K2… what ever happened to “Grok being the best”?

Am I the only one that thinks Composer is really good, when you factor in the speed and the cost?

I don’t doubt it is. End of the day, it’s a fine tuned Kimi. They tried to hide it and making their work sound more impressive than it is. It’s easy to have stuff be cheap when you don’t have to train your own model from scratch.

Re: SpaceX says it has agreement to acquire Cursor for $60B

#180

Post by 3eb7988a1663 »

JumpCrisscross wrote: post #124
danny_codes wrote: post #119

Earlier quoted context omitted.

The endgame is to game the index funds by bribing or otherwise.. convincing the big stock exchanges to forgo their index inclusion rules so SpaceX will get included in Nasdaq 100 within 10 days or something stupid like that. SpaceX will initially float a tiny fraction of shares at a wildly inflated value and use a combination of artificial scarcity and Elon Stans (retail) to keep the stock from crashing until it gets…

> endgame is to game the index funds Buying Cursor does nothing for this.

It gives them some amount of paying customer base using AI. That is some magic voodoo you need to sprinkle onto the public sale to get the highest possible price point.
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