$50bn for a harness makes no sense, what am I missing?
I assume someone knows someone, backroom deal perhaps? I'm not sure either, when Cursor has a lot of risk and not that much moat.
My 2c: they need to pump xAI usage (which nobody is using) to be able to keep the hype alive pre-ipo.
Cursor has a significant enterprise userbase, that has to be worth something
I thought Cursor has started making their own models. Did I confuse them with someone else?
Their Composer 2 model is Kimi (an open model) with additional RL fine-tuning, for whatever that information is worth to you: https://techcrunch.com/2026/03/22/cursor-admits-its-new-codi...
Oh, I see.
Though, in fairness, that's probably the important part. Like a base model plus "coding smarts" is probably perfect for the situation.
But maybe not as much value as I was thinking.
They have a 'proprietary' model which is just an open source (kimi?) fine tune
For a successful IPO and attract more capital you need a very good story/narrative. That what is being crafted here. Business fundamentals matter less with elon!
1. Pay them with shares of SpaceX
2. Make SpaceX valuation even higher before IPO
3. Boost XAI/usage of Grok.
money laundering and tax avoidance
How would this be money laundering?
Value shifting. Search for SolarCity and cousin Lyndon Rive.
That isn't laundering
Musk passing around his debt from purchasing Twitter.
I assume someone knows someone, backroom deal perhaps? I'm not sure either, when Cursor has a lot of risk and not that much moat.
My 2c: they need to pump xAI usage (which nobody is using) to be able to keep the hype alive pre-ipo.
Cursor has a significant enterprise userbase, that has to be worth something
I thought Cursor has started making their own models. Did I confuse them with someone else?
Their Composer 2 model is Kimi (an open model) with additional RL fine-tuning, for whatever that information is worth to you: https://techcrunch.com/2026/03/22/cursor-admits-its-new-codi...
Oh, I see.
Though, in fairness, that's probably the important part. Like a base model plus "coding smarts" is probably perfect for the situation.
But maybe not as much value as I was thinking.
They have a 'proprietary' model which is just an open source (kimi?) fine tune
For a successful IPO and attract more capital you need a very good story/narrative. That what is being crafted here. Business fundamentals matter less with elon!
1. Pay them with shares of SpaceX
2. Make SpaceX valuation even higher before IPO
3. Boost XAI/usage of Grok.
money laundering and tax avoidance
How would this be money laundering?
Value shifting. Search for SolarCity and cousin Lyndon Rive.
That isn't laundering
Musk passing around his debt from purchasing Twitter.