851–860 of 1001 posts
Guess I'll be looking for a replacement for Cursor now... Anyone have recommendations? I like the plan/agent mode and the fact that it's an IDE, so I can use it in the traditional way as well as by yapping with a bunch of agents. Also the Cursor rules I've curated and they do their job well.
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Buying Twitter played a key part in getting Trump re-elected, so I think Musk figures he got what he wanted in terms of deregulation, dropped prosecution, and damage to his political opponents. This deal is different: SpaceX is heading for an IPO which is now complicated by xAI becoming a subsidiary. Cursor is actually popular and I’m sure this is all stock-based so as long as investors believe that those users stick…
Quoting a viral tweet: “Elon is such a dumbass, he spent $44 billion on Twitter and all he got was control of all 3 branches of the federal government.”
Biden won in 2020 with just ~$2 billion. Though he didn't get all the branches.
Neither did Obama, who won two terms for Are the house and courts really so expensive?
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Buying Twitter played a key part in getting Trump re-elected, so I think Musk figures he got what he wanted in terms of deregulation, dropped prosecution, and damage to his political opponents. This deal is different: SpaceX is heading for an IPO which is now complicated by xAI becoming a subsidiary. Cursor is actually popular and I’m sure this is all stock-based so as long as investors believe that those users stick…
Quoting a viral tweet: “Elon is such a dumbass, he spent $44 billion on Twitter and all he got was control of all 3 branches of the federal government.”
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NVIDIA has 42,000 employees. Even still, when their deal with Cursor comes to an end do we really expect them to stay loyal? And further, sign on with xAI? When they could instead sign with the new hottest enterprise coding IDE (Claude, Codex, etc who are way more popular now). Maybe if it’s an acquihire, it’s the GTM/Sales that xAI is after?
They might. Elon will probably use his SpaceX/xAI spend (future SpaceX space datacenter dollars) as leverage. NVIDIA is so used to doing such deals by now, they’ll probably take it.
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> And it was "only" ~$20 billion. Inflation can't be this high. While I'm not sure about this buy, Cursor does at least have revenue. WhatsApp was basically running on VC/private money (they had an extremely nominal fee, but I never had to pay it), and was sold to buy its userbase into the Facebook fold. I don't think you can compare that to a business that at least has some decent revenue.
If Whatsapp is burning through say ~$1B yearly with zero revenue and Cursor is burning through say ~$2B with a ~$1B revenue, they're both still in the hole. I wish people would stop talking about just revenue. It's mostly meaningless without knowing their expenses.
Also revenue is a signal for product market fit. Is it a great one? Dunno. But for example I'd be hard pressed to sell $1billion of anything, even if I had something everyone wanted.
But I think your point about burn rate is important. How long can they have this attrition on cash before they collapse?
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> 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
Cursor also has a very nice integrated DX that I miss in Claude's VSCode plugin.
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X is a subsidiary of xAI (responsible for Grok) is a subsidiary of SpaceX. Tesla is the only major Elon business that’s independent of SpaceX at this point
That's such a weird structure
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>A lot of enterprises were doing that but now they hit the 150 user limit on Claude and are paying seat+api rates. A lot of enterprises use Github Copilot which has per-request pricing model which effectively means unlimited tokens which eliminates this issue.
This isn't true anymore.. GitHub are rate limiting people on pro and pro+ pretty hard
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Their revenue and growth justified it. Plus, for xAI that could be the only way to get a SOTA coding model they want so hard.
I thought cursor became mostly obsolete with Claude Code and Codex TUIs?
Claude is still gold standard if you're not in an IDE though.
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.
Things are moving so fast, and these companies have no moat whatsoever. Purchasing a company for 30x annual revenue (and as others have pointed out, how much of this revenue goes straight to companies like Anthropic?), without knowing if it's even going to exist in 3-5 years, seems bonkers.
I mean, congratulations to the founders on becoming billionaires in record time, but this is uncharted territory.