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

Post by zozbot234 » Wed, Apr 22, 2026, 8:11 AM UTC

sigmoid10 wrote: post #630

ozim wrote: post #610

Earlier quoted context omitted.

In terms of IDE yeah it is not that great. I do have Copilot in VSCode and Cursor. I thought both should be equal in solving problems - turns out Cursor with the same model selected somehow was able to solve tasks that Copilot would get stuck or run in loops. They have some tricks on managing file access that others don’t.

Cynics on HN easily dismiss AI service wrappers (and many of them are in fact overblown and not worth their own code). But writing a genuinely good harness with lots of context engineering and solid tool integration is in fact not that easy. The biggest issue is that model providers also see what the community likes and often move on with their own offerings that are tailored to their own models, potentially at the t…

Post by jvwww » Wed, Apr 22, 2026, 8:18 AM UTC

Cthulhu_ wrote: post #640

ozim wrote: post #610

Earlier quoted context omitted.

In terms of IDE yeah it is not that great. I do have Copilot in VSCode and Cursor. I thought both should be equal in solving problems - turns out Cursor with the same model selected somehow was able to solve tasks that Copilot would get stuck or run in loops. They have some tricks on managing file access that others don’t.

Sure, but is it worth 60 billion?

Post by jvwww » Wed, Apr 22, 2026, 8:20 AM UTC

ignoramous wrote: post #306

Lonestar1440 wrote: post #195

So SpaceX bought a $60B Option on Cursor, plus a bunch of services, for $10B. If strike date comes and Cursor is in fact worth less than $60B... they can move to acquire it for that price. Or just let it "expire". And if it's worth more, they get a savage good deal. If the services were worth $8B anyway, it's hard to lose. It seems less crazy to me through this lens. A straight acquisition, today, at $60B would in fa…

Despite their impressive ARR, Cursor faces existential threat from not only BigLabs (Claude Code, Open AI Codex) but also BigTech (AWS Kiro, Google Antigravity, MS VSCode). I am sure the usual suspects would have lined up to purchase Cursor, and the deal from xAI was probably the best of the lot. Marks an end to a remarkable sprint for a 3yo company, and an admirable exit (considering the recent discombobulation of W…

Post by lofaszvanitt » Wed, Apr 22, 2026, 8:29 AM UTC

Post by Havoc » Wed, Apr 22, 2026, 8:30 AM UTC

beepbooptheory wrote: post #492

Havoc wrote: post #178

Earlier quoted context omitted.

You've literally got tools like opencode that are MIT licensed. Most of those points X could do on their own or are things that make this attractive for cursor not X. e.g. Need developer data? Use some of that spare GPU compute, hand out free top end model coding access for a bit and you'll very rapidly have developer data >decent enterprise relationships I guess. 60B worth of "relationships" though?

But if the developers are to presumably use the model you give out, what data are you going to get from them thats useful?