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.
> Nikita Bier @nikitabier
>
> If you’re seeing a bunch of Japanese posts, here are some fun facts:
> Japan has more daily active users and more time spent on X than any other country in the world.
> Over two thirds of the country is monthly active on X.
> X in Japan has one of the highest penetration rates of any social network in history.
1: https://twitter.com/nikitabier/status/2037764895064867061
in ten the speed'll kick in, can of coke and a ciggy and he'll be right as rain
More accurately it is 3.4% of SpaceX at the last rumored valuation of $1.75T.
This is actually an amazing sweetheart deal for Cursor. Many times with these high profile acquisitions, most stock is tied to LPA's and employment at the company, and also earnout provisions. The company then finds a way to parachute them out early, which both voids the earnout and their employment, thus they never vest most of the units and the few units they do vest get bought out at 409A valuations which are typically much, much lower.
In the case of Cursor this is an amazing boon as SpaceX listed at an almost 100x multiple which is absolutely staggering. Had SpaceX stayed private they could have 409a'd Cursor and got it for effectively ~100M$ cash.
Not just OpenAI, but OpenAI and OpenAI[1].