$50bn for a harness makes no sense, what am I missing?
My 2c: they need to pump xAI usage (which nobody is using) to be able to keep the hype alive pre-ipo.
I thought Cursor has started making their own models. Did I confuse them with someone else?
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!
Cursor has a significant enterprise userbase, that has to be worth something
1. Pay them with shares of SpaceX
2. Make SpaceX valuation even higher before IPO
3. Boost XAI/usage of Grok.
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.