Wow, we are seeing the dark underbelly of the beast here. Nobody talks about cursor anymore for a reason. Look, I'm not saying it's not useful and discounting anyone getting value out of it...
But it's clearly not worth 60B dollars in April 2026.
Wow, we are seeing the dark underbelly of the beast here. Nobody talks about cursor anymore for a reason. Look, I'm not saying it's not useful and discounting anyone getting value out of it...
But it's clearly not worth 60B dollars in April 2026.
Yep. there's absolutely no way that Cursor is worth that much.
for contrast, Elon paid $44b for twitter back in 2022. When you adjust for inflation, Twitter was acquired for $49b in 2026 money. Cursor getting bought for 1.22x more is just insanity.
Elon seems unwilling to shake off the image that he has basically no idea what he's doing.
I certainly wouldn't mind having that image if it meant being the wealthiest man in the world.
Sounds like playful comments people do about nymphomaniacs. Sure nobody would mind being the wealthiest man in the world without the downsides. Look at the guy. He's not just clueless, he's actually totally lost. Do you know how many kids he has and how many broke all contact with him, the wealthiest man in the World? Does this look like an enviable situation?
I think X paid for itself, so it worked our for him.
1: https://twitter.com/nikitabier/status/2037764895064867061
I'm pretty sure that claim about Japanese Twitter activity was true for most of the site's history pre acquisition
No. JP activity was always second to US, only the biggest "out there". Same is true for all Twitter-like social media, such as Mastodon and Bluesky. Even VRChat doesn't have a majority Japanese userbase. Japan actually becoming the top majority anywhere is an anomaly and a major reversal of power balance.
Still blows me away that Google had complete dominance in Brazil and then just threw it all away and shut it down a few years later.
Google Plus? I wouldn't be sure if that was a strategic blunder or if they were seeing something us in the public didn't. I remember it was more popular among not-so-tech savvy male of parental to retirement ages, which are still masses but not the sweet spot in terms of demographics. Besides they have YouTube and its comment section full of kids, which is the sweet spot.
Orkut, which nobody now remembers.
Orkut
Source?
It paid in influence, not dollars. Billionaires don't buy newspapers or social media platforms because they think they are good businesses.
Elon Musk, the richest person on the planet, with multiple industry-changing companies built under his leadership, clearly has no idea what he's doing.
Its hard to think clearly when you are in a k-hole.
in ten the speed'll kick in, can of coke and a ciggy and he'll be right as rain
It is not cash though. SpaceX does not have $60B liquid cash instruments.
More accurately it is 3.4% of SpaceX at the last rumored valuation of $1.75T.
No longer rumored as they filed for IPO!
This is actually an amazing sweetheart deal for Cursor. Many times with these high profile acquisitions, most stock is tied to LPA's and employment at the company, and also earnout provisions. The company then finds a way to parachute them out early, which both voids the earnout and their employment, thus they never vest most of the units and the few units they do vest get bought out at 409A valuations which are typically much, much lower.
In the case of Cursor this is an amazing boon as SpaceX listed at an almost 100x multiple which is absolutely staggering. Had SpaceX stayed private they could have 409a'd Cursor and got it for effectively ~100M$ cash.
Until there is public S-1 and a price range which very much could change during the roadshow, there is no known valuation or range.
There's not going to be $60B of exit liquidity if/when spacex IPOs. Maybe the suckers will be banks lending against the bubble valuation.
A crazy and lucky bailout for Cursor + investors.
Forget bailout, this is a massive payday for them
Elon got snowed…
Which includes OpenAI, btw.
Not just OpenAI, but OpenAI and OpenAI[1].
1: https://cursor.com/blog/series-a
They bought options.
The only reason I haven't switched back to VS Code is pure laziness, not using any AI features in Cursor other than resolving diffs these days.
Just because it's not discussed much on HN does not imply it is not relevant in the broader space. Cursor is still very much prevalent there with 1 mil DAU.
I’m curious if that 1 million DAU still holds as of today. I think it was reported last year some time aka before December when Claude code exploded. A quick google didn’t turn up any results that actually contained sources for the number.
It makes you wonder how much of this is essentially money laundering.