Grok’s capabilities on Cursor’s data should be a step function there. Go X! Congrats Cursor, what a ride!
SpaceX to buy Cursor for $60B
181–190 of 1001 posts
Re: SpaceX to buy Cursor for $60B
#182Is 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 use Cursor every day.
Re: SpaceX to buy Cursor for $60B
#183the IPO raised $85B and they just spent $60B on Cursor. If this was the intention it should have been in a disclosure Edit: I see SpaceX did disclose
this is an all-stock transaction. No cash spent.
Re: SpaceX to buy Cursor for $60B
#184What are the best open source IDE alternatives to Cursor? There was Continue for a bit but Cursor bought it. Is Visual Code by itself the only open source IDE atm? My main gripe with Visual Code is it doesn't make it easy to use open weight models or non Copilot model APIs. Continue helped but its now part of Cursor. As for coding in the terminal, we have Opencode, Claude Code, and Codex etc. They are all open source…
Zed…
Re: SpaceX to buy Cursor for $60B
#185What are the best open source IDE alternatives to Cursor? There was Continue for a bit but Cursor bought it. Is Visual Code by itself the only open source IDE atm? My main gripe with Visual Code is it doesn't make it easy to use open weight models or non Copilot model APIs. Continue helped but its now part of Cursor. As for coding in the terminal, we have Opencode, Claude Code, and Codex etc. They are all open source…
I think it's difficult to compete in this space because right now to build the "full IDE" you have to build an extremely capable harness (very hard) and a very good IDE (very hard). I plan to continue using Claude Code and built myself a small tool to verify what the agents actually do + move around the codebase quickly but it's a far cry from a full IDE: https://cotect.dev
Re: SpaceX to buy Cursor for $60B
#186Does anyone here think Cursor is overvalued? It's just packaging up what already exists, it has no moat or IP.
No, look a Composoer 2, it stands out starkly on its own in the pareto frontier on low cast and fast models. Composer 2.5 was a huge leap with minimal compute from xAI. They can compete with OpenAI and anthropic with xAI scale compute. They have a top notch model team and incredible training data and huge enterprise costumer contracts.
How the hell is an IDE a "pareto frontier"? Even if, say composer 2.5 is a huge leap forward, that doesn't mean IntelliJ or Vim or Emacs or Codex got worse.
IDE improvements are not a zero sum game.
Re: SpaceX to buy Cursor for $60B
#187So that accounts for about three quarters of the money SpaceX just raised then?
Not totally, because the deal is in stock. The cash SpaceX got is actual cash that can be deployed today. The stock will be in a lockout period and could be worth nothing or something whenever the lockout ends.
Re: SpaceX to buy Cursor for $60B
#188Wow they are using 80% of what they raised 4 days ago to buy an IDE. Absolutely incredible.
Per latest reporting, Cursor's current annual revenue rate is $4 billion. So SpaceX is buying 15 years of future cashflows, assuming no change in revenue. Which is bad assumption given past growth was gigantic. They are also buying 300-400 employees with proven record of training good coding models. Their expertise will be used to improve Grok Build coding agent. Also, they're using stock, not cash, so effectively th…
>Their expertise will be used to improve Grok Build coding agent.
Is Grok not a toxic enough brand (by association with Musk) that people who would use Cursor wouldn't avoid Grok?
Like, the assumption seems to be that all the goodwill that Cursor users have towards Cursor will now apply automatically to Grok, which seems like a pretty significant leap.
Re: SpaceX to buy Cursor for $60B
#189Besides now paying 60 billion for a fork of VSCode, it seems SpaceX meme stock style money raised from the IPO, is all gone in one week :-)
IPO proceeds after greenshoe: $85.7B
Major disclosed cash / debt-related commitments:
- Take out Bridge loan tied to X/xAI debt repayment: $20.0B
- Take out EchoStar debt payoff / cash component: up to $8.5B
- Take out EchoStar debt-service funding: up to $3.0B
- Take out AI infrastructure lease commitments: $20.2B
Subtotal of major disclosed commitments: $51.7B
Rough remaining cash before other costs :-)): $34.0B
Lets now talk about buying Tesla, doing Quantum and building a Dyson Sphere and do another round?
Re: SpaceX to buy Cursor for $60B
#190Does anyone here think Cursor is overvalued? It's just packaging up what already exists, it has no moat or IP.
[deleted]