Ah thanks for reminding me to cancel my subscription.
SpaceX to buy Cursor for $60B
231–240 of 1001 posts
Re: SpaceX to buy Cursor for $60B
#232Does 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.
This is delusional. Composer 2.5 is trash compared even to haiku let alone opus.
Re: SpaceX to buy Cursor for $60B
#233Here'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?
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Re: SpaceX to buy Cursor for $60B
#234Re: SpaceX to buy Cursor for $60B
#235Just cancelled my subscription.
I've been using the Pi agent with Deepseek for some days.. and I'm more than happy with that.
Re: SpaceX to buy Cursor for $60B
#236Here'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…
If there is ever another depression, which seems highly probable at this point, the meme stocks will be the first ones down the toilet.
Re: SpaceX to buy Cursor for $60B
#237Does anyone here think Cursor is overvalued? It's just packaging up what already exists, it has no moat or IP.
I do think this has had its day. From what I remember, Cursor was useful back in the day when you coded in an IDE and wanted to read code while you baby stepped through incremental changes with an AI. I'm tempted to put /sarc around this but not really...
Re: SpaceX to buy Cursor for $60B
#238SpaceX 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?
Everything was in the S1 filing. There is no "secret knowledge".
The rational basis is entirely "I can sell the stock to somebody else for more money". Where in normal stock it would be "this company can make a profit that gives a return on this investment." This is a purely speculative play.
Re: SpaceX to buy Cursor for $60B
#239Why after thier IPO?
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Re: SpaceX to buy Cursor for $60B
#240SpaceX 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?
Point us at a rational verbalized or written argument for SpaceX's current valuation (and increasing)? Everything I've read says the valuation is too high and here is why, with x, y, and z reasons. Everyone I read who encourages buying seems to be ignoring arguments entirely and going on vibes.