meanwhile Mistral:
SpaceX to buy Cursor for $60B
191–200 of 1001 posts
Re: SpaceX to buy Cursor for $60B
#192"SpaceX told investors during the IPO process that it sees an addressable market for AI products worth $26 trillion, roughly equivalent to U.S. GDP." This is unhinged.
I know it has become a meme by now, but IIRC the market for all foods (agriculture, processed food, etc.) on earth is around $10 trillion. So according to SpaceX, the market for AI is 2.5 larger than all the food sold on this planet. They're also saying that the AI market is worth roughly 10% of all global real estate.
This is true if you take the ai market as equal to the market for labor discounted to 5-10% penetration.
It’s not a totally unreasonable assertion, it’s the implication of the assertion that we are uncomfortable with. There is no reason for the models to stop their improvements in the near future.
Re: SpaceX to buy Cursor for $60B
#193Is 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, but funny enough it's 98% just using the codex plugin - I kept cursor around on the grand fathered $20 / 500 requests plan, if they un-grandfather me or things change too much I'll zip over to vscode.
Re: SpaceX to buy Cursor for $60B
#194Out of curiosity, anyone here still using cursor?
Yes, it’s my daily driver for building the saas I run full-time. I’m not happy about this news. I like the ability to switch between any models, Composer 2.5 is really solid, I like having my agents coworking in the IDE with me, the plan mode is great, Cloud Agents are great, especially with slack, linear, web, etc integrations. I routinely tag an error report in slack and Cursor fires up a Composer 2.5 cloud agent t…
Curious, what does your SaaS do? even the general area is fine
Re: SpaceX to buy Cursor for $60B
#195Here'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…
When you invest in TSLA and SPCX, you don't invest in a car and a rocket company, you invest in Elon Musk. So revenue, assets, are irrelevant.
Re: SpaceX to buy Cursor for $60B
#196Here'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…
> Can this be maintained forever?
Obviously not. It’s all about timing your bail so you don’t get left holding the bag.
Re: SpaceX to buy Cursor for $60B
#197I think we should get used to it because that's what's going to keep happening again and again. First Twitter, then Cursor. When someone falls behind in the race for innovation, they usually buy the best product available and use it to get ahead of the competition.
Re: SpaceX to buy Cursor for $60B
#198Here'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…
I saw that one wealthy individual had purchased $1 billion of SpaceX at the IPO. Does that count as a retail investor?
Re: SpaceX to buy Cursor for $60B
#199Does anyone here think Cursor is overvalued? It's just packaging up what already exists, it has no moat or IP.
Sounds like what people here said 20 years ago about Google buying YouTube, or 10 years ago about Facebook buying Instagram - companies with no moats and huge infrastructure costs.
To paraphrase, the biggest trick the devil pulled is convincing founders they need a moat.
Re: SpaceX to buy Cursor for $60B
#200Here'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 current market cap of SPCX and TSLA combined (~$3.8T) is about 3 times the total value of all BTC (~$1.3T).