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

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

#751
post #748

Wow. Tech CEOs and investors have completely lost touch with what money really is worth. How is a VSCode fork and a open weight LLM fine-tune worth $60B? One would think Elon would learn his lesson after overpaying for Twitter and then having to merge his failures together to stay afloat. But no, more cash into the burning pile.

branding ... mindshare

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

#752

Earlier quoted context omitted.

> Cursor truly has the talent to train a frontier model on SpaceX's infrastructure, and were simply lacking the infra before Wild conjecture.

I think this was an “if” scenario

This makes more sense that my initial reading of it indeed

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

#753
post #746

Earlier quoted context omitted.

Or devs are just different users who care about different things and have different experiences. Reminds me of the famous dropbox post: https://news.ycombinator.com/item?id=9224 - I don't even know if dropbox still exists in 2026 but i'm still happily using rsync and mailing things around because dropbox has just absolutely never worked reliably for me, unlike my 2007 gmail account. Likewise, if it were up to me, ins…

It's fine to care about different stuff, but if you want to understand the valuation of a company, then your experience only goes so far. it's not going to make any sense unless you broaden your scope of interest to the metrics that impact valuation.

I don't read OP's post we're talking about ("What's crazy is that a company [...] could be worth more than $60B...") as not understanding, but as disagreeing that our world should work in such a way where this state of affair is even remotely considered acceptable

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

#755
post #746

Earlier quoted context omitted.

It's fine to care about different stuff, but if you want to understand the valuation of a company, then your experience only goes so far. it's not going to make any sense unless you broaden your scope of interest to the metrics that impact valuation.

I don't read OP's post we're talking about ("What's crazy is that a company [...] could be worth more than $60B...") as not understanding, but as disagreeing that our world should work in such a way where this state of affair is even remotely considered acceptable

It's an interesting idea that society should somehow prevent companies valuation being linked to how many people use their product.

Unsure how it would work in practice.

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

#756

Earlier quoted context omitted.

> users who haven't caught on yet If you think this of users who use cursor then I don’t think you’ve used cursor much at all.

I've used Cursor a lot. Until recently it was mandated by my employer. I can't see the attraction at all. It's a (bad IMO) IDE integration, a reasonable model (but I still generally preferred Claude over Composer), and a bunch of other tools that weren't very developed (like cloud environments and multi-agent orchestration). It's a suite of tools, most of which have superior alternatives. What am I missing?

You have model choice in cursor… why would you use composer?

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

#757
post #496

Earlier quoted context omitted.

> largely not doing much outside of 'grok is this true' Hey now, don't forget about it's super important other use, taking innocent photos of people and regenerating them in less clothing and compromising positions. I'm sad that I even know that.

They changed that recently, you need to be paying €10/mo for that now. The free plan and/or access for the basic Twitter plan are gone.

Security through enshittification. Nice.

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

#758
post #748

Wow. Tech CEOs and investors have completely lost touch with what money really is worth. How is a VSCode fork and a open weight LLM fine-tune worth $60B? One would think Elon would learn his lesson after overpaying for Twitter and then having to merge his failures together to stay afloat. But no, more cash into the burning pile.

I don't think it's about worth any more at this point; it seems more about money laundry and manipulating the market. They are shifting power between each other and create an illusion of a healthy economy, not carrying about the damage they create for everyone else.

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

#759
post #748

Wow. Tech CEOs and investors have completely lost touch with what money really is worth. How is a VSCode fork and a open weight LLM fine-tune worth $60B? One would think Elon would learn his lesson after overpaying for Twitter and then having to merge his failures together to stay afloat. But no, more cash into the burning pile.

> How is a VSCode fork and a open weight LLM fine-tune worth $60B?

Ignoring future business ideas, Cursor reported reached $2 billion+ annualized revenue run rate in 2026, doubling from 2025. Recent financing rounds reached high-end valuation between $30 billion and $50 billion.

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

#760
post #748

Wow. Tech CEOs and investors have completely lost touch with what money really is worth. How is a VSCode fork and a open weight LLM fine-tune worth $60B? One would think Elon would learn his lesson after overpaying for Twitter and then having to merge his failures together to stay afloat. But no, more cash into the burning pile.

> How is a VSCode fork and a open weight LLM fine-tune worth $60B? Ignoring future business ideas, Cursor reported reached $2 billion+ annualized revenue run rate in 2026, doubling from 2025. Recent financing rounds reached high-end valuation between $30 billion and $50 billion.

a lot of companies I know are cancelling Cursor in favor of Claude Code or Codex

because they already have VSCode or IntelliJ for edits

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