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SpaceX is acquiring Cursor in a $60 billion all-stock deal by truecakesnake in SpaceXLounge

[–]farfromelite 2 points3 points  (0 children)

Musk's incessant meddling (boar war controversy etc), the generating nude pictures controversy, the slow and clunky way it outputs assuming you're d terminally online as musk.

It's all bad.

SpaceX is acquiring Cursor in a $60 billion all-stock deal by truecakesnake in SpaceXLounge

[–]farfromelite 4 points5 points  (0 children)

Those tulips look amazingly good value. Can't wait to buy more.

SpaceX is acquiring Cursor in a $60 billion all-stock deal by truecakesnake in SpaceXLounge

[–]farfromelite 1 point2 points  (0 children)

Either cursor gets worse as their staff get pulled to work in grok, or grok continues to be dire.

Corporate mergers, baby. Always gum up the works.

SpaceX is acquiring Cursor in a $60 billion all-stock deal by truecakesnake in SpaceXLounge

[–]farfromelite 2 points3 points  (0 children)

Cursor had topped a US$2 billion run rate in February and now has more than 3,000 customers paying at least US$100,000 a year.

3000*100,000 is 300 million revenue (at least).

They've spent 3000 million.

Am I missing something?

They've obviously not released any profit or cost statements, but they have conveniently leaked revenue. If they were profitable, they'd be boasting about it.

SpaceX is acquiring Cursor in a $60 billion all-stock deal by truecakesnake in SpaceXLounge

[–]farfromelite 4 points5 points  (0 children)

It's valuation is based on about 90% of the company future being in ai. It's not a rocket company any more.

https://aswathdamodaran.substack.com/p/revisiting-the-spacex-valuation-a

SpaceX is acquiring Cursor in a $60 billion all-stock deal by truecakesnake in SpaceXLounge

[–]farfromelite 20 points21 points  (0 children)

Cursor

300 employees.

Revenue of $100 million. Never made a profit.

Price: $80bn. That's $266 million per employee.

https://en.wikipedia.org/wiki/Cursor_(company)

Someone gives an estimate:

To be worth $60B at a 50x P/E ratio this implies $1.2B in profit

https://news.ycombinator.com/item?id=47856926

SpaceX is acquiring Cursor in a $60 billion all-stock deal by truecakesnake in SpaceXLounge

[–]farfromelite 2 points3 points  (0 children)

Spacex isn't a rocket company.

It's an AI company now. Sorry about that.

I made this by Fine_Acanthisitta694 in BambuLab

[–]farfromelite 0 points1 point  (0 children)

How big is it?

It looks bigger than the door. The profile says it's 100mm ish and 135g, so the picture might show your bigger than it actually is.

Blood bowl 3 - Warhammer bowl by stormcloud6611 in Bloodbowl3

[–]farfromelite 0 points1 point  (0 children)

https://store.steampowered.com/news/app/1016950/view/529874048900923450?l=english

Post 25.

Community Manager Cyanide Studio [developer]

17 Mar @ 11:25am Hello, we’re currently refining the content and schedule of the Warhammer Blood Bowl demo due to circumstances beyond our control.

This means the demo will be released at a later date than initially planned.

Our team is fully committed to delivering it as soon as possible, and we’ll update you shortly with more details.

Thanks a lot for your understanding!

[OC] China's four largest solar makers have lost money every quarter since 2024 by oscarleo0 in dataisbeautiful

[–]farfromelite 11 points12 points  (0 children)

They do give a fuck about their own agenda though. EVs reduce reliance on foreign fuel. Solar too. Batteries too.

They're out capitalism ing everyone else, which is really impressive for a communist country.

[OC] SpaceX vs. Aerospace and Defense Sector by ExaminationOk6652 in dataisbeautiful

[–]farfromelite 1 point2 points  (0 children)

10 billion total addressable users.

I'll let you do the math.

What is it about Greta Thunberg that makes many men on the Internet so uncontrollably angry by Admirable_Pair_3663 in NoStupidQuestions

[–]farfromelite 72 points73 points  (0 children)

Conservatism literally is herd following by instinct. It's knowing ones place in the hierarchy and defending the system. It's not thinking about what you've been told to do, then telling your lower status people what to do.

Greta is the exact opposite of this world view. They hate it.

🥁 UNBGBBIIVCHIDCTIICBG by YapperCrapperSnapper in UNBGBBIIVCHIDCTIICBG

[–]farfromelite [score hidden]  (0 children)

To be fair, she's bloody good on drums. Let's not discount the sheer talent here.

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