4 ms·
It's $60B in SPCX stock, not in cash. https://techcrunch.com/2026/06/16/spacex-to-acquire-cursor-for-60b-in-stock-days-after-blockbuster-ipo/ https://techcrunc
by HarHarVeryFunny 4mo ago
It's $60B in SPCX stock, not in cash.
https://techcrunch.com/2026/06/16/spacex-to-acquire-cursor-for-60b-in-stock-days-after-blockbuster-ipo/ https://techcrunch.com/2026/06/16/spacex-to-acquire-cursor-f...
- rchaud 4mo agoGuess Musk figured out that paying all cash to acquire something was a bad idea.
- HarHarVeryFunny 4mo agoSure - why use cash when you can use bits of paper instead? I'd expect more of the same to come - good way to lock in some of this crazy SpaceX valuation by converting it into something with a bit more inherent worth. Tesla next?
- smotched 4mo agocash is bits of paper...
- HarHarVeryFunny 4mo agoNot everywhere ... many countries have polymer banknotes for better security. In any case not all bits of paper are equal. Monopoly money bills are not worth face value!
- all2 4mo agoThey are, its the exchange rate that's the killer.