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.
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
#752Re: SpaceX says it has agreement to acquire Cursor for $60B
#753Earlier 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.
Re: SpaceX says it has agreement to acquire Cursor for $60B
#754Re: SpaceX says it has agreement to acquire Cursor for $60B
#755Earlier 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
Unsure how it would work in practice.
Re: SpaceX says it has agreement to acquire Cursor for $60B
#756Earlier 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?
Re: SpaceX says it has agreement to acquire Cursor for $60B
#757Earlier 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.
Re: SpaceX says it has agreement to acquire Cursor for $60B
#758Wow. 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.
Re: SpaceX says it has agreement to acquire Cursor for $60B
#759Wow. 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.
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
#760Wow. 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.
because they already have VSCode or IntelliJ for edits