Random data point: as a long time VSCode user when I first heard the hoopla about Cursor I rushed to try it. Didn't work (at all). So I added my name to the open bug report, waited a few months. Tried again. Still didn't work. Became a Claude Code user and never looked back.
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
#762Clearly the intention behind this is to get access to user data (user code).
Re: SpaceX says it has agreement to acquire Cursor for $60B
#763Earlier quoted context omitted.
What's crazy is that a company that sells an IDE (that's not even a particularly good one compared to competitors like JetBrains) integrating some AI plugins could be worth more than $60B...
the IDE has little value What they want is the massive user base, the data (Cursor has a lot of high quality coding data for training), the teams expertise in coding models and agents, and the Composer models 60 billion is a large number but these frontier labs are burning billions a month in compute alone, and SpaceX is IPOing soon so they'll have a lot of cash to spend
How massive is the Cursor user base?
Re: SpaceX says it has agreement to acquire Cursor for $60B
#764Earlier quoted context omitted.
> 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
I mean the best argument I see for cursor is that you can easily switch between AIs, which is convenient since they seem to run at 80-90% up time (with those 10-20% clustered at West coast working hours). But the big AI companies are likely to keep an edge over Open-source fine-tunes and they are able to subsidize the coding agents in a way Cursor can't.
Re: SpaceX says it has agreement to acquire Cursor for $60B
#765Wow. 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.
he doesn't act like he regrets buying Twitter/X/Xitter
maybe he's getting value from this? (also the deal was essentially secured with Tesla stock, so who knows what did he actually pay)
Re: SpaceX says it has agreement to acquire Cursor for $60B
#766Earlier quoted context omitted.
Not much better but at least they're not speaking at far right rallys and lending support to fascist parties across Europe.
What really puzzles me is how years of woke insanity are forgotten / forgiven, but a nazi salute is not. Remember how Microslop employees used to start their presentations with a list of Native American tribes who owned the land their office was at? Maybe people don't read Orwell anymore... that stuff was straight out of 1984. I see being downvoted on my question already - can people who hate Musk not see the differe…
What microsoft employees do in the privacy of their own meeting rooms has basically no effect on me. When Elon Musk appears along side Tommy Robinson in my city, espousing racist "great replacement" to a crowd of drunken thugs and suggesting my neighbours and friends are problem to be expunged from society, well frankly he can fuck right off.
Re: SpaceX says it has agreement to acquire Cursor for $60B
#767[flagged]
Re: SpaceX says it has agreement to acquire Cursor for $60B
#768So 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…
Paying $10B for the option is also crazy though. Paying $10B for the thing outright and not just an option would be absurdly high.
Is that so or would those 10B be discounted from the purchase?
not that it isn't wild regardless
Re: SpaceX says it has agreement to acquire Cursor for $60B
#769shoe company goes AI, rocket company goes AI, it is market signaling.
That would make more sense if SpaceX hadn't absorbed xAi just 2 months ago. The rocket company already went AI. The signal was sent already. This is just a bad business decision.
Re: SpaceX says it has agreement to acquire Cursor for $60B
#770Earlier quoted context omitted.
> 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
A lot of enterprises were doing that but now they hit the 150 user limit on Claude and are paying seat+api rates.
Codex is still going strong but it’s hard to imagine they won’t do similar eventually.
So now im honestly hearing a lot more folk stick it out with cursor while waiting for the dust to settle.