SpaceX says it has agreement to acquire Cursor for $60B • Hacker News Board

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

#411

Post by tananaev » Wed, Apr 22, 2026, 2:14 AM UTC

robertjpayne wrote: post #243

curuinor wrote: post #236

Earlier quoted context omitted.

It is adversely selected, but it's not debt, it's equity, so price action can go real fast and nobody will be burned except folks who soberly-or-not opted into this. Everyone _knows_ Elon is the way he is, so nobody will be _surprised_ at things. No surprise, no crisis.

They're going to force a S&P500 index listing on IPO day so we're all going to be forced to baghold this regardless of if we want to or not unless you've got $0 in any major retirement fund.

I did a bit of research on this some time ago and it's not as bad as I originally thought. Index funds would need to count only liquid float of the company. So if Space X total valuation is 2 trillion, but float is 5%, then they need to count it as 100 billion for the purposes of index weight. Still more than I want, but not catastrophic.

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

#412

Post by aldielshala » Wed, Apr 22, 2026, 2:14 AM UTC

$60B for a VSCode fork with AI integration... It may show the value of the gap between vanilla LLM output and production-ready applications.

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

#413

Post by metabagel » Wed, Apr 22, 2026, 2:15 AM UTC

jgord wrote: post #368

hooloovoo_zoo wrote: post #319

Earlier quoted context omitted.

They also have to replace 20%+ of their satellite network every year.

why is that ?

low earth orbit

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

#414

Post by bickfordb » Wed, Apr 22, 2026, 2:15 AM UTC

robertjpayne wrote: post #243

curuinor wrote: post #236

Earlier quoted context omitted.

It is adversely selected, but it's not debt, it's equity, so price action can go real fast and nobody will be burned except folks who soberly-or-not opted into this. Everyone _knows_ Elon is the way he is, so nobody will be _surprised_ at things. No surprise, no crisis.

They're going to force a S&P500 index listing on IPO day so we're all going to be forced to baghold this regardless of if we want to or not unless you've got $0 in any major retirement fund.

Maybe this already exists, but it would be great if one of the major index ETFs omitted all the firms with problematic board governance like there is at Tesla, SpaceX.

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

#415

Post by metabagel » Wed, Apr 22, 2026, 2:16 AM UTC

jdross wrote: post #390

computerex wrote: post #293

Earlier quoted context omitted.

What about the R&D costs of blowing up vehicle after vehicle?

They have over 300 falcon 9 launches in a row now, just in case you’re not caught up on the latest

C'mon, you know they're talking about Starship.

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

#416

Post by sourcegrift » Wed, Apr 22, 2026, 2:16 AM UTC

ITT: The same geniuses that predicted with certainty X will fail are also predicting, with much less certainty, that "Oh God, let this be the end of Musk"

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

#417

Post by AdrienPoupa » Wed, Apr 22, 2026, 2:16 AM UTC

brightball wrote: post #192

calmoo wrote: post #64

Earlier quoted context omitted.

On the contrary, anecdotally, myself and every engineer I know have switched fully from cursor to claude code since the start of the year. I now use zed with cc. I personally could not stand the buggy mess and constant UI changes of cursor. It’s also not good value in terms of claude tokens compared to claude code.

What sold you on Zed?

I recently switched as well. Being able to work in a large monorepo without the editor freezing and taking 15+GB of RAM was a strong selling point :)

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

#418

Post by andai » Wed, Apr 22, 2026, 2:19 AM UTC

xuki wrote: post #362

stainablesteel wrote: post #343

Earlier quoted context omitted.

the ability to mine the moon or asteroid belt seems extremely lucrative, the logistics of transporting materials to earth costs less than shipping them across the ocean, an astounding level of value creation.

There is no other mode of transportation cheaper than shipping across the ocean.

That one is subsidized by externalizing costs to our lungs.

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

#419

Post by metabagel » Wed, Apr 22, 2026, 2:19 AM UTC

laughing_man wrote: post #342

noncoml wrote: post #307

Earlier quoted context omitted.

[flagged]

In 2024 Gwynne Shotwell said Starlink had a $600 million positive free cash flow based on $8.2 billion in revenue. Last year revenue estimates from both SpaceX and from outside people adding up new military contracts came out to about $11.8 billion. Their fixed costs haven't gone up much, so the big unknown is development costs for military contracts. I think $2 billion is a reasonable, conservative estimate.

How much of that are they sinking into Starship?

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

#420

Post by trollbridge » Wed, Apr 22, 2026, 2:20 AM UTC

numpad0 wrote: post #312

_--__--__ wrote: post #272

Earlier quoted context omitted.

I'm pretty sure that claim about Japanese Twitter activity was true for most of the site's history pre acquisition

No. JP activity was always second to US, only the biggest "out there". Same is true for all Twitter-like social media, such as Mastodon and Bluesky. Even VRChat doesn't have a majority Japanese userbase. Japan actually becoming the top majority anywhere is an anomaly and a major reversal of power balance.

Still blows me away that Google had complete dominance in Brazil and then just threw it all away and shut it down a few years later.