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SpaceX to buy Cursor for $60B

reuters.com

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Re: SpaceX to buy Cursor for $60B

#801

This is a stupid comparison, but Mojang/Minecraft was acquired for 2.5 billion in 2014. Arguably the most popular video game of all time, which has brought joy to hundreds of millions of people for years and years, was valued at 1/20th of an AI startup that will soon disappear into irrelevance. While Minecraft is just a game, I'd argue it has more societal value than Cursor. The way things are valued is nonsensical t…

> While Minecraft is just a game

It's more than just a game. It's a bespoke social network. It's a merchandise generator. It produced an entire hollywood movie. It's become a cultural reference.

Re: SpaceX to buy Cursor for $60B

#802

I am still trying to find a replacement for cursor. But in the past 30D my automations and my own coding has consumed well above 10 billion tokens for less than 300$ with auto and composer 2.5; while building a fairly stable product with 20-30 daily active users. It feels like it’s too good to be true, because I’ve tried with Claude and codex and it just feels so much more expensive.

I'm excited to test out Zed's offering. I'm also going to look at some of the open source agent harnesses, even though I'll have to give up a fixed cost subscription. I suppose now is probably also a great time to kick the tires on self hosted models.

Re: SpaceX to buy Cursor for $60B

#803

> "In its IPO filing, the company had said Cursor's access to developers' data, including coding requests and design decisions, could help improve its AI models such as Grok." They're all stealing your IP and selling it back to your competitors in the form of tokens.

No one is stealing anything here. Cursor users are willfully providing it by using their product. Not unlike uploading a personal photo or video to social media -- that's not yours anymore. You gave all rights away when you put it on their servers.

> Not unlike uploading a personal photo or video to social media

I've granted them a limited license to use it.

> that's not yours anymore.

Not by any definition in the contract or in law is this true.

> You gave all rights away when you put it on their servers.

I gave away some rights. I also got something in return. Attention. And at the end of the day I'm completely entitled to turn around and sell copies of this work for profit. The only thing I can't do is sell an /exclusive/ license because that is no longer available.

None of this provides any implication for people who upload code to their own websites. Which these rapacious LLMs bots happily index, sometimes to the extent they actually crush the site, or create unusual costs for the owner.

Finally none of these LLM companies tell you where the source came from. Whether it is copyrighted, whether ownership rights are retained, or whether the code can be used publicly or not, and if so, which license it's covered by.

You're using the lens of social media contracts to understand something far larger and more important. It's lead you to some bizarre conclusions and huge oversites.

What if someone steals my work and then uploads it to facebook and claims it as their own? Do the rights no longer exist because it got uploaded to Meta?

Re: SpaceX to buy Cursor for $60B

#804

I stopped using Cursor when I started getting comfortable with Codex/Claude. Cursor is just annoying with the constant popups and it's just not as good. Now my workflow is to use my normal editor, add a todo describing what I want, and then ask Codex+gpt-5.5 to implement it. It absolutely nails it. Using codex is so much more like working with a partner vs the noise and annoyance of Cursor. That said, I think we're i…

It's curious that the person claiming LLMs will soon skip code entirely and go straight to binary is willing to spend $60bn on Cursor.

Re: SpaceX to buy Cursor for $60B

#805

> "In its IPO filing, the company had said Cursor's access to developers' data, including coding requests and design decisions, could help improve its AI models such as Grok." They're all stealing your IP and selling it back to your competitors in the form of tokens.

Yes, that is in fact how models get better at coding. Such a ridiculous stance: "I want LLMs to code for me, but I want them to be trained on other people's code, not mine, duh".

> "I want LLMs to code for me, but I want them to be trained on other people's code, not mine, duh".

Who ever said that? Have you actually heard that from your fellow programmers in real life?

If the code I wrote actually made even the slightest discernible difference in LLMs I'd be so honored. But it won't happen, as it's just 0.00001% of all the training data.

Re: SpaceX to buy Cursor for $60B

#807
post #6

Wow they are using 80% of what they raised 4 days ago to buy an IDE. Absolutely incredible.

Unsure if you're serious, but if you are, they wouldn't buy with cash, at least not the vast majority of it.

Cursor is massively overvalued. But so is SpaceX so it all evens out in the end.

> each share of Cursor’s common stock and each share of Cursor’s preferred stock outstanding immediately prior to the Effective Time of the Merger will be automatically converted into the right to receive shares of the Company’s Class A common stock based on an implied equity value of Cursor of $60.0 billion and the price of the Company’s Class A common stock equal to the volume-weighted average closing price thereof over the seven consecutive trading days

Current market cap is 2.66T which is pretty bonkers. Thats about intel, amd, and micron put together.

Re: SpaceX to buy Cursor for $60B

#809

A space company is buying an IDE for roughly the cost to build 150 of world's most expensive modern hospitals [1]. How is this in SpaceX's interest? Isn't it kinda bizarre that Elon is pivoting SpaceX to something else? 1. https://www.cnbc.com/2026/06/16/spacex-spcx-cursor-acquisiti...

It’s all in a stock that may very well be near its zenith when this closes (or maybe not. This is so far past fundamentals it’s impossible to tell). They’re spending Monopoly money. It also seems like SpaceX is poised to Hoover up all of Elons companies so it’s might not be “just a space company” for long.

Yep, bundle it all together, rename the whole company X (for added confusion), get a few final pay outs in the hundred of billions if not trillions and then Elon flees to Argentina as the whole house of cards crumbles.

Re: SpaceX to buy Cursor for $60B

#810

I love cursor. It's so frustrating that large companies are allowed to buy everything. Think of a world where github was still independent, cursor remained independent, heroku wasn't part of Salesforce. All great products that get eroded by the neglect of big tech.

The good thing is that cursor has no network effects. you could make your own (barely usable) cursor on top of vs in a weekend with the features you want.
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