alt Hacker NewsWow, 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.
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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.
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.
It makes you wonder how much of this is essentially money laundering.
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.