SpaceX closed its $60 billion acquisition of Cursor last week — the largest purchase of a venture-backed startup in his…
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SpaceX closed its $60 billion acquisition of Cursor last week — the largest purchase of a venture-backed startup in history. Seven months ago they were being written off. Agents had taken over, the IDE was called obsolete, and Cursor was dismissed as a reseller of other people’s models. Truell called an all-hands, told everyone to cancel every meeting, and pointed the company at building its own frontier coding model. Four months later they were beating the big labs on price-to-performance.…
Tags: Reel
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Agents · Cursor · Microsoft · SpaceX
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#ai · #founder · #startup · #venturecapital
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