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jjordantoday at 1:13 AM3 repliesview on HN

It's not. It's a glorified code editor with no moat. Those are (massive) bubble prices.


Replies

zacyungbluttoday at 1:55 AM

Glad I’m not the only one who feels this way. Even though I personally use Cursor, there’s no way it’s even a fraction of $60B

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zuzululutoday at 3:19 AM

and I'm being completely neutral and objective in saying this: Elon Musk has been a horrible capital allocator but great at financial engineering. X is still struggling to win back advertisers (they will never come back) and still in the red. I have little reason to believe this is also another careful and shrewd financial decision.

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sailfasttoday at 2:48 AM

I mean, technically they also re-sell AI tokens. Unsure if that’s with a markup or a discount.