SpaceX to buy Cursor for $60B

They're doing what anyone would do in their position. I won't be surprised if they bought more companies while the stock price is that high.

There's no way in hell Cursor has $60bn of value This is insane.

90% of my dev workflows have moved to Devin cloud agents.

I don’t miss the days of fumbling around with my local repos across my multiple agent work trees or clones.

I just throw a task at Devin and I get a PR a few moments later.

Then it monitors the PR for any failing CI or review comments without me in the loop.

Now I can have 10+ Devin’s running at any given moment as I walk home from the coffee shop.

Why don't they just make their own in-house development environment? Cursor's codebase is maybe 5,000-50,000$ worth of actual code, even just $10M (compared to the $60B) could knock Cursor out of the park with a completely custom code editor, and even with a smaller budget they could fork VSCode. Maybe for the social value? I feel like a $10B advertising budget for a bespoke AI development environment is more than enough to become an actual competitor.

Good hopefully Grok Build gets better and they start to innovate in this area.

Claude Code and ChatGPT need some competition. So that they also innovate more.

I'm genuinely excited for Cursor Composer 3. A Cursor model with Grok resources could compete with OpenAI and Anthropic.

Those Mars bases are getting closer and closer.

Ah thanks for reminding me to cancel my subscription.

Just adding another "this is fucking stupid" comment for when this all burns down

I mean, I guess SpaceX has a lot of money to throw around. I just don't see how Cursor is worth even 10% of this number. There are so many similar tools out there - many plugins to VS Code (Kilo, Cline, Roo, etc), many CLI tools (claude code, opencode, plus everybody and his brother is putting out their own...).

Besides now paying 60 billion for a fork of VSCode, it seems SpaceX meme stock style money raised from the IPO, is all gone in one week :-)

IPO proceeds after greenshoe: $85.7B

Major disclosed cash / debt-related commitments:

- Take out Bridge loan tied to X/xAI debt repayment: $20.0B

- Take out EchoStar debt payoff / cash component: up to $8.5B

- Take out EchoStar debt-service funding: up to $3.0B

- Take out AI infrastructure lease commitments: $20.2B

Subtotal of major disclosed commitments: $51.7B

Rough remaining cash before other costs :-)): $34.0B

Lets now talk about buying Tesla, doing Quantum and building a Dyson Sphere and do another round?

Will cursor launch a CLI tool like Claude/codex/opencode/pi ?

Money seems more imaginary than ever now.

ai is like the first technology with a conversational service manual inside it..

you should be foaming at the mouth to use claude or codex to make a custom harness, just for your own personal use with local models...

Just cancelled my subscription.

I've been using the Pi agent with Deepseek for some days.. and I'm more than happy with that.

That's interesting I was using Windsurf before and I really enjoyed it. Then it became part of Devon. I was less thrilled about that so I was looking at Cursor, but now it's also getting bought out. Any suggestions on what else is left? : )

Use cash to buy GPUs and stock to buy companies.

Out of curiosity, anyone here still using cursor?

When FB bought Instagram for $1B it seemed crazy too.

I think we should get used to it because that's what's going to keep happening again and again. First Twitter, then Cursor. When someone falls behind in the race for innovation, they usually buy the best product available and use it to get ahead of the competition.

Does that mean all of the co-founders would become billionaires? And they're, what, like 20 year olds?

And I'm here trying to get something to make a $1000 per month. What a world.

What are the alternatives to Graphite these days? Github's stacked PR support is still immature, AFAIK. I would love to see Linear move into this space and start offering both git hosting and stacked PR management.

Interesting that they disclose this right after IPO.

Fuck Elon. Forever

i hope they will integrate roblox for future generations of robot makers to be pre trained on games

Ai is great. The bubble will burst. We will keep Ai just like we kept "the internet" after the dot-com bubble, but we still won't buy our pets online. I mean London has pretty good train connections and stations because a bunch of companies repeatedly tried to get rich. Most eventually failed, but we kept the rails. I just hope we get our computers back after this round of gambling.

Well that's a lot of money. They must see this as a distribution pipeline for Grok?

Who is this Cursor person you speak of?

Is he bailing out an investor he's connected to?

Can someone help me understand what this means to tesla and Grok?

Cursor's stockholders better cash out quick.

Oh, forgot I have it installed

yay -R cursor-bin

And gone

I once again fear for my grandfathered-in free SuperMaven.

Another grab, I wonder there has to be something that someone pays $60B for, but my question is: I often struggle to understand why someone needs it. Is it extra plumbing and easement around code development or paying base?

This truly shows how king making in venture capital is done, kids have the MIT pedigree but sometimes this is not enough for certain demographics, give them a ton of money to explore ideas and pivot, product is a vscode fork that sells subsidized AI, only possible with venture capital. Providing inference at unsustainable rate deemed as "product market fit". Product loses money until they exit.

VCs that say "I always knew the team was special", give me a break.

Glad I've jumped ship to Zed+ACP. I liked the idea of the new agent window view, but it's obviously slop and hasn't had a any polish or care put behind it given the number of bugs I keep seeing.

Zed is so much more stable and sleek and the agent view (threads) actually integrates nicely in a real editor. The side editor in the agent window was so much worse than the vscode base I expected, I have no idea how they dropped the ball so hard here.

I honestly don't get why they feel the need to buy Cursor or why OpenAI wanted Windsurf. If it's data you're after, wouldn't it be so much more cheaper to just hire a dedicated team to fork VS code and integrate your own model and give it to the public for free with unlimited usage for a couple of months?

Most of the comments here have never used cursor before and it really shows

It's absurd. let's mark it down.

Fuck Elon. Forever.

It seems that each time there's a new tech cycle, another zero gets appended to all financial transactions.

At this point, money and rationality does not make sense to me, rather beyond my ability to understand. But I feel it is all about accounting and writing off eventually and a few profiting from it, not the retail investors for sure. Again I am just saying what I think and there could be no rational to my thought process.

I can't stand Cursor. Every time I open it up I have 3 popups I don't use, that I then need to figure out how to close. Using it for notes is impossible, since the autocomplete just tries to fill in bullshit.

Awful what VC money did to it. Hope to never use it again, now that work stopped mandating it.

i thought they already did that!

Grok’s capabilities on Cursor’s data should be a step function there. Go X! Congrats Cursor, what a ride!

$60B. Wow. Congrats to Anysphere. But $60B. That is just a ludicrous price.

Definitely not a bubble.

$60b is genuinely insane. Very high from a P/S ratio perspective, and for a product with arguably no defensible moat.

Congrats to the Cursor team though... One of the most crazy exit stories ever – 4 years to a $60b buyout. Damn.

Just like Allbirds, they're pivioting to AI.