Cursor's Warchest, xAI's Redemption(ethanding.substack.com)
ethanding.substack.com
Cursor's Warchest, xAI's Redemption
https://ethanding.substack.com/p/cursors-warchest-xais-redemption
https://ethanding.substack.com/p/cursors-warchest-xais-redemption
To me it seems that SpaceX probably does not intend to buy, and is paying $10 billion for access to Cursor's data and talent, more importantly, the ability to add some sparkle to their IPO.