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It's probably a bit of both. Space X is overvalued, and so is Cursor. It's easier for Space X to justify buying Cursor for $60B than it would be for other, beca

It's probably a bit of both. Space X is overvalued, and so is Cursor. It's easier for Space X to justify buying Cursor for $60B than it would be for other, because it's a rounding error compared to Space X's valuation. I haven't tried Cursor, and I'm sure it's a perfectly good IDE, but given that JetBrains was valued at $7B in 2021 [1] $60B seems rather high. 1) https://servreality.com/news/jetbrains-startup-valued-at-7-billion/ https://servreality.com/news/jetbrains-startup-valued-at-7-b...,

siva7 4mo ago
How far we have come that 60B could be considered a rounding error for a company
- inglor_cz 4mo ago
  The US has GDP of 32 trillion. In an economy of that size, you would expect a few companies for which 60B is not crazy money, although rounding error is really stretching it.