Hacker News Reader

Comment by dehugger | Hacker News Reader

I was trying to think about the why with Cursor, and the only thing that makes sense to me is they wanted experts in making harnesses so that they can pivot that expertise towards building harnesses intended for autonomous agents to use instead of humans. There's no world where a 60 billion IDE makes sense.

View on HN

I think it's more that Space X's valuation is ridiculous, and they need acquisitions that are ridiculous to pretend that the emperor is still wearing clothes.

When cursor is selling for $60B, then grok has to really be worth several times that, right?

It's probably a bit of both. Space X is overvalued, and so is Cursor. It's easier for Space X to justify buying Cursor for $60B than it would be for other, because it's a rounding error compared to Space X's valuation.

I haven't tried Cursor, and I'm sure it's a perfectly good IDE, but given that JetBrains was valued at $7B in 2021 [1] $60B seems rather high.

1) https://servreality.com/news/jetbrains-startup-valued-at-7-b...,

How far we have come that 60B could be considered a rounding error for a company

The US has GDP of 32 trillion. In an economy of that size, you would expect a few companies for which 60B is not crazy money, although rounding error is really stretching it.

I don't know that I disagree, but this had to be in the works before the IPO right? Acquisitions don't typically materialize in a timeline of <1 week (or perhaps they do when someone walks in and offers 60B...)

Inflating SpaceX's perceived value would have been the primary goal for a lot of the business for at least the past year leading up to the IPO.

Not just an IDE, look at the prospect, they’ll soon lead in farming, genetics, AGI and teleportation. Remember to price in the TAM of that!

Time travel!

Reply on news.ycombinator.com