The AI funding model.

True but they're still making a bank and while the best exist was months ago the next best exit is now. I'd very happily take 60b worth of meme stock for a product with no future.

👨‍🚀🔫👨‍🚀

The last guardrail the US had was Jerome Powell.

You can use US$ to Warsh your ass from now on.

Always has been.

Wilson brought back the US Central Bank (aka the Fed). Andrew Jackson killed the bank to free us from their clutches.

Nixon killed the gold standard so we could be the worlds central currency printing press and export inflation to the whole world and bully everyone into submission and extract their resources.

Wall st finished the financialization and commoditization of everything on the world so they could own it and gamble with the future while everyone else pays the bill.

SpaceX is 80% an AI company. More now, after acquiring Cursor. The space stuff is only the reception desk.

atleast minecraft actually worth that much, probably

Okay, that put things into scale for me.

I kinda remember reading how the purchase of Macromedia by Adobe was like the biggest acquisition ever at 6 billion or so back in the late 2000s.

I have my own business, so I just declared myself a billionaire. Now the government can send me billions in government contracts.

Early on in the AI game, before Vibe Coding was even a term, Cursor was the only tool that could connect VsCode to an AI model. Since then, there are now dozens of tools to do this for you. Cursor basically has no unique features, the only value it has as a company is an existing userbase and an established dev team. The worst part is that they are built on top of VSCode, which means their existence hinges on Microsoft benevolently sharing one of their most valuable products, and Microsoft has made several moves to try to kill the Cursor userbase and bring them back to VSCode.

Cursor is one of the worst investments you could make right now. It's surrounded on all sides by rivals trying to eat their lunch, and they have basically zero IP to protect their market advantage.

While it is nowhere near the value Elon paid. It is a tool for easy coding with ai. Like the others thousands that out there. I mean spacex buying companies left and right at prices that make no sense is weird. Spacex being valued that much when all they do is burn money at a rate of several states is confusing.

Elon getting richer by the second with all that nonsense is suspicious....

He is buying the users that cursor had. But these users can switch to another AI harness any day they wanted to.

My cursor came free with my operating system, although I did have to buy my own mouse.

Hello, 1929 crash out upcoming.

Yet somehow less valuable. Isn't it just a fork of VSCode with more AI tools built in?