Why SpaceX and not xAI?
Because spacex already bought xai.
SpaceX says it has agreement to acquire Cursor for $60B
571–580 of 1001 posts
Re: SpaceX says it has agreement to acquire Cursor for $60B
#572Earlier quoted context omitted.
My @valentine got changed to @valentine_ without my consent. https://web.archive.org/web/20150822195811/twitter.com/valen... https://twitter.com/valentine_ (If any lawyers read this and feel up for taking this on contingency, I don't think I'm difficult to contact.)
Did you actually own it though, per their TOS? What title was granted, if so? Also, and no offense intended truly, I think your having a grand total of 2 followers after 19 years was apart of their risk calculus in this seizure.
> Also, and no offense intended truly, I think your having a grand total of 2 followers after 19 years was apart of their risk calculus in this seizure.
My account was hijacked via domain/DNS takeover around the time it was acquired by fElon (due to both Crazy Domains and Twitter support's incompetence — both parties removed 2FA from my accounts, even despite me telling Crazy Domains specifically never to do so). I managed to recover both accounts after kicking up a fuss, but the hijacker was midway through an 3rd party account wiping script, and I'd lost all my followers because of that.
I had 33,300+ tweets in 2015, and a lot of that was private interaction with friends.
Re: SpaceX says it has agreement to acquire Cursor for $60B
#573Never bet against Elon.
Re: SpaceX says it has agreement to acquire Cursor for $60B
#574knee-jerk is that it's weird, but makes sense: * X will have a total of ~2GW of GPU sometime this year largely not doing much outside of 'grok is this true' * despite no longer being in vogue with consumer devs Cursor still has a lot of developer data that can assist in building a model * Cursor have decent enterprise relationships (while for xAI it is ~zero) and that's where the real revenue for llms + agents is * C…
> Cursor still has a lot of developer data that can assist in building a model Their composer model is seriously good. I’ve been eyeing a cursor sub just to use it in OpenCode. They have a nice moat here. > Cursor have decent enterprise relationships (while for xAI it is ~zero) That has a reason. Those enterprise relationships are almost certainly going to sour at least a bit, if not for Musk‘s toxic image then for h…
Just to point it out, Cursor has not made any good models themselves. Composer 2 is Kimi K2.5, and they tried to pass it as their own until people noticed that the api specified it as Kimi.
Re: SpaceX says it has agreement to acquire Cursor for $60B
#575Re: SpaceX says it has agreement to acquire Cursor for $60B
#576A vscode fork with a modified Kimi model under the hood for 60 billion feels absolutely insane to me.
Re: SpaceX says it has agreement to acquire Cursor for $60B
#577Earlier quoted context omitted.
This valuation is absurd. Perhaps a year ago- sure, but there have been so many iterations of this “kind of editor” since then, not to mention countless alternatives. So for me it’s more of a data deal - Elon buying himself some insight into codebases and real dev usage patterns? Oh finally someone to use his dirty data centres
People keep saying this and they don't understand how businesses work. Cursor has 1B in enterprise revenue. It doesn't matter if people can clone their product, those deals don't move slowly
Put 1B into a better product and 10B into marketing. If you can’t beat their 1B in revenue, the market for making your money back on the Cursor acquisition also isn’t there.
Re: SpaceX says it has agreement to acquire Cursor for $60B
#578Every time Musk does anything these days, it further reveals the shell game he's playing with his companies. This is going to be an Enron type of story eventually. I truly wish I had a choice to pull my tax money out of this particular subsidy.
Tesla is profitable, as a matter of public record. And SpaceX is, by all accounts, extremely profitable.
Have you looked at their latest report?
They are only profitable because of subsidies. Pretty much 1:1.
Re: SpaceX says it has agreement to acquire Cursor for $60B
#579Earlier quoted context omitted.
You forgot to consider whether all this is worth $60B.
$1B to $2B ARR in a few months with projection of $6B ARR by years end. If xAi wants to have it's own tools just like OpenAI and Anthropic, then it's not an unusual move.
Extrapolating from a few months to a full year and calling it Annual Recurring Revenue is one of modern startup valuation gimmicks that I cannot not laugh at.
Sometimes it helps to go back to the basics to understand company performance: money in, money out?
Re: SpaceX says it has agreement to acquire Cursor for $60B
#580Earlier quoted context omitted.
> Otherwise it is just VS Code. This is a bit simplistic. It's the VS Code that everyone used before cc came to town. Real devs, on real projects. All that data they collected is worth a lot more than "just vscode". Their composer2 is better than kimi2.5 and it's just a finetune on that data. xAI had a decent model in grok4 (it was even sota on a bunch of benchmarks for a few weeks), but they didn't have great coding…
What data? Their commercial terms promised they wouldn’t keep any for training.
At 60B they might do it anyway and then pay 200M in fines when the court rules against them.