if @elonmusk paid 100% of his net worth ($1.4 trillion) as a tax it would only cover federal government spending for 77 days. this isn’t a tax problem…
One of the things that makes @SpaceX so valuable is how valuable it is. The Cursor acquisition costs materially less in dilution because of SpaceX’s high valuation.
SpaceX’s ability to do economically, strategically, and technologically accretive acquisitions is an important component of its value.
There is enormous value inherent to a company with a high value particularly when it is controlled by an entrepreneur that the most talented people want to work for and partner with.
Value begets value.
Talent begets talent.
at this pace, @cursor_ai will be the number one or two coding agent on a year
very impressive squad... now with unlimited compute behind them
the best acquisition since Instagram and YouTube
Personal news: I've joined @cursor_ai as Head of Comms! 💫
In the midst of a generational shift in technology, Cursor is helping redefine how software gets built. I could not be more thrilled to work alongside @mntruell and his incredible team to help tell that story. 🗞️🚀
We're launching code storage and git hosting.
Origin gives teams and agents a place to host, review, and collaborate on code.
Available this fall. Join the waitlist.
https://t.co/uamaIarJXY
$SPCX ACQUIRES CURSOR FOR $60B.
Months ago, Jensen Huang $NVDA said:
"My favorite enterprise AI service is Cursor. Cursor is an AI coder. Every one of our engineers is now assisted by Cursor, and our productivity has gone up incredibly."
Elon is playing to win.
SpaceX has exercised the option to acquire @cursor_ai in an all-stock transaction with the goal of building the world’s most useful AI models.
For the past few months, SpaceXAI has been jointly training a model with Cursor, which will be released in Cursor and Grok Build soon.
We look forward to working closely with the Cursor team to advance our frontier AI capabilities
It is humbling to consider that if we harness just 1 millionth of the Sun’s power for AI, that will be much more than a million times the intelligence of all of humanity
BREAKING: SpaceX is acquiring Cursor in a $60 billion all-stock deal.
• Cursor is being valued at $60 billion
• Cursor will become a wholly owned SpaceX subsidiary
• Cursor shareholders will receive SpaceX Class A shares
• The exchange ratio will be based on SpaceX’s 7-day average share price before closing
• Subject to regulatory approvals and customary closing conditions
• Expected to close in Q3 2026
Cursor is one of the world’s leading AI coding platforms and one of the fastest-growing software companies. This marks one of the largest AI acquisitions ever and significantly expands SpaceX’s footprint in AI.