Can someone help me understand what this means to tesla and Grok?
SpaceX to buy Cursor for $60B
211–220 of 1001 posts
Re: SpaceX to buy Cursor for $60B
#212Here'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…
> BTC essential is worth $70k solely through the power of memes This is not true. BTC is way more sane than SpaceX as can be seen by it's history so far.
neither of them are sane. BTC is useless, unless your trying to buy child porn, buy illicit drugs on the internet, or someone who bought it before the value exploded. eventually, the world will come around and it will go to zero, if quantum doesnt kill it first. im looking forward to that day.
Re: SpaceX to buy Cursor for $60B
#213Here'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.
You basically buy an asset whose risk is tied to a man's life.
Re: SpaceX to buy Cursor for $60B
#214Is 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).
It's my primary. Claude Code for personal stuff on the weekends. I really just prefer the GUI of having the changes easily highlighted. If I can get something to apply that with Claude Code or Codex or OpenCode or whatever, I'd swap over without thinking.
Re: SpaceX to buy Cursor for $60B
#215Here'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…
While gold has industrial uses, isn't most of its value based on the fact that people like it and believe that it has value?
I'm not sure if this means gold isn't powered by memes or whether it's just one of the most long lived memes of all time. Aside from other nice properties like lasting a long time, being pretty, and not requiring electricity to exist.
Re: SpaceX to buy Cursor for $60B
#216SpaceX should rush to acquire as many companies as they can with stock. The market cap is absolute insanity (I know people keep saying this about new high scores in unrelated-to-reality valuations, but this one might just be the pinnacle), with zero rational basis, and they should try to make it real as rapidly as they can. Next up, Anthropic.
> zero rational basis
Do you really think so? Like everyone who risks their and their clients' money here is just being irrational? Is this really a coherent view? Could it not be that someone knows something you don't, or does not have the biases you have?
Re: SpaceX to buy Cursor for $60B
#217Here'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…
As long as there is someone around who is very good at keeping the price inflated (and that in turn also because he did actually deliver extraordinary things, it's not just smoke and mirrors).
On the other hand, the fact that BTC has absolutely no intrinsic value can be an advantage over a real company, as it makes it more insulated from reality. Supply chain shock? No problem. Competition? Same. New technologies, political change? Neither.
Re: SpaceX to buy Cursor for $60B
#218Does anyone here think Cursor is overvalued? It's just packaging up what already exists, it has no moat or IP.
I don't. Cursor being a man in the middle between coders and other people models for so long, has so much more training data than anyone else in the world.
Re: SpaceX to buy Cursor for $60B
#219I wonder where they will take this, if they'll use the Cursor team to help make Grok Build (which is not just a tool like Claude Code, but an actual Grok model too) more refined for programming? Would make sense to me, and in turn also provide Cursor with more compute they can use.
> For the past few months, SpaceXAI has been jointly training a model with Cursor, which will be released in Cursor and Grok Build soon.
Re: SpaceX to buy Cursor for $60B
#220Good reminder for me to cancel my Cursor subscription. I don't support Elmo.