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SpaceX To Acquire Cursor for $60 Billion - Science/Technology (2) - Nairaland

Nairaland ForumScience/TechnologySpaceX To Acquire Cursor for $60 Billion (10434 Views)

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Re: SpaceX To Acquire Cursor for $60 Billion by aydotaone(m): 2:46pm On Jun 17
Boss, you’re very informed



Neoteny:
All-stock deal.

SpaceX still has no viable business. They spent 9 billion to generate a revenue of 3 billion. Revenue, not net profit.

Their rocket business is mainly subsidized by government contracts and is not profitable

They don't have customers to launch 10,000 rockets a month to substantially generate positive cash flow

They've abandoned the Mars colony pipedream

Starship still can't get to orbit with proper payload

Starlink is losing money even before competition starts

xAI's Grok is so far behind other AI models that SpaceX is renting excess capacity to anthropic

Twitter is losing money

None of their ventures is profitable

But hype sells before the bubble bursts.
Re: SpaceX To Acquire Cursor for $60 Billion by DickenClarq(f): 2:47pm On Jun 17
It is now so obvious.
I am 100% sure that Corrupt Trump is hiding or laundarying Arab money in Elon Musk account.

No wonder Musk supported and funded the TACO man campaign.

How can someone who networth was roughly 300Billion jump to a Trillion-plus within 1+year.

When Mr. TACO orange man shithead leaves the oval office so many secrets will be exposed. I hope Elon don't get arrested or forced by the government to commit suicide or die in a planned plane crash as an option to escape embarrassement.


May God help us
Re: SpaceX To Acquire Cursor for $60 Billion by wallrichy: 2:47pm On Jun 17
The future is likely to reward three groups.

1. Those who build AI.
2. Those who build businesses around AI.
3. Those who become exceptionally effective at using AI.

Note that the third group is far larger than the first, and many people in it will do very well.

So rather than seeing yourself as excluded from the opportunity, consider how you can position yourself to benefit from it.

AI is not only creating a new class of producers, it is also creating a new class of highly empowered users. Future is already here with us I must say.... 😂 😂
Dpsychologist:

https://www.youtube.com/watch?v=ROBBm9JR8uk?si=S7TXM6d7g8UUEjBy

SpaceX Shakes Tech World With $60 Billion Cursor AI Takeover



Source:
https://www.cnbc.com/2026/06/16/spacex-spcx-cursor-acquisition-ipo.html
Re: SpaceX To Acquire Cursor for $60 Billion by Bluntemperor: 2:52pm On Jun 17
Dshocker:
Elon keeps pushing beyond limit, while the world most dangerous president Titi-Numbu keeps destroying beyond limits.
You were Making Sense with your first statement but you ended poorly and it shows that you are not Deep in thoughts due to Hates and Bitterness.
Elon Musk was not born in US but went from Canada and ended it in the USA as Industrial and Technology Giant - which is a good Vision.
Dangote Single Handedly Build Dangote Conglomerate - of Salt,Sugar,Pasta, Cement and Now Oil 🪔 🛢️ Refinery in Nigeria.
You just need a raise and upliftment and this same President Tinubu and his men,may still be of help to you In the Future Challenges.
Remote Yellow 🟡 Jaundice from your eyesight , so you can see a brighter picture 🖼️ and a better horizon.
Re: SpaceX To Acquire Cursor for $60 Billion by PENRIGHT: 3:01pm On Jun 17
False Prophet!
Re: SpaceX To Acquire Cursor for $60 Billion by SultanYoung(m): 3:05pm On Jun 17
Dshocker:
Elon keeps pushing beyond limit, while the world most dangerous president Titi-Numbu keeps destroying beyond limits.
I pray you or your parent have achieved one percent of what he has
Re: SpaceX To Acquire Cursor for $60 Billion by kiddaz: 3:08pm On Jun 17
This man... his vision is out of this present world
Re: SpaceX To Acquire Cursor for $60 Billion by SuperOnyi: 3:14pm On Jun 17
shocked




It's really insane how the AI industry is being pumped with tens of billions of dollars. I saw somewhere that the guys that started cursor were students. I pushed it out of my mind but seeing this again, and calculate what massive $60 billion is, got me thinking deeply.

At this point, AI will make more billionaires than other eras did.
Re: SpaceX To Acquire Cursor for $60 Billion by Breaker001: 3:31pm On Jun 17
With the kind of technological power Elon Musk currently has at his disposal, and is still acquiring, this guy could end up being the man who owns the number "666" 😎
Re: SpaceX To Acquire Cursor for $60 Billion by femi4: 3:52pm On Jun 17
Elon money is looooong
Re: SpaceX To Acquire Cursor for $60 Billion by Neoteny(m): 4:09pm On Jun 17
aydotaone:
Boss, you’re very informed
Thank you sir
Re: SpaceX To Acquire Cursor for $60 Billion by Kaczynski: 4:10pm On Jun 17
SpaceX bought glorified Emacs huh?!!?!!?
Re: SpaceX To Acquire Cursor for $60 Billion by Kaczynski: 4:13pm On Jun 17
libertyfather:
God when? Not about Elon musk but when someone will come to buy millions of dollars product from me
You can clone western companies and build it in nigeria like china does. Something like Palantir in nigeria would be billions if you do right and contracts from nda and nigerian military worths worth millions.
Re: SpaceX To Acquire Cursor for $60 Billion by spiSeyi: 4:19pm On Jun 17
Nland should be doing this if it has maintained the momentum it started with but tribalistic moooods and APÇ eRats have spoiled this forum. angry Nland need to upgrade and give ppl free speech and stop gagging us when we speak against APÇ undecided
Re: SpaceX To Acquire Cursor for $60 Billion by tgmservice: 4:21pm On Jun 17
libertyfather:
God when? Not about Elon musk but when someone will come to buy millions of dollars product from me
I want to buy you for a 1m dols
Re: SpaceX To Acquire Cursor for $60 Billion by tgmservice: 4:25pm On Jun 17
SultanYoung:
I pray you or your parent have achieved one percent of what he has
What achievements?
Is is stealing and looting as well as sharing rice and poverty
Re: SpaceX To Acquire Cursor for $60 Billion by Elxandre(m): 4:26pm On Jun 17
chatinent:
We have innovative people like this in Nigeria but no sponsorship.

Look at Nairaland. It cannot even allow you post your personal products on your timeline but it does on Twitter.
Is it sponsorship that stopped this feature from being implemented here?
Re: SpaceX To Acquire Cursor for $60 Billion by ObaOfYorubaLand: 4:26pm On Jun 17
aaaaabbbbbccccc:
Only if we have someone like Musk in Nigeria, together with Dangote. Nigeria will take over. Musk is so visionary.
We do but the level of hate for the tribe it will come from won't allow Nigeria to breathe.

Soryy for Nigeria.
Re: SpaceX To Acquire Cursor for $60 Billion by TommyBones: 4:42pm On Jun 17
lightwind:
And the Man you just quoted is an Obi supporter ?

Other Presidential aspirants don't do social media or a nairaland member ?

Even a Ghanian will say Tinubu is wanted in America next thing is Obi will never be President by apc hngry data boys.

The obsession is real!
As in ehn! Seriously, Obi go give some people heart attack come 2027.
Re: SpaceX To Acquire Cursor for $60 Billion by chatinent:
Not from acquiring. But the zeal to create. I could create an app like WhatsApp for Nigerians but become discouraged along the way after the time spent and the resources.

Tech requires support one way or the other.
Elxandre:
Is it sponsorship that stopped this feature from being implemented here?
Re: SpaceX To Acquire Cursor for $60 Billion by stuffs2002: 5:34pm On Jun 17
Dshocker:
Elon keeps pushing beyond limit, while the world most dangerous president Titi-Numbu keeps destroying beyond limits.
As long as the demonic fraud called Obi is not president
Re: SpaceX To Acquire Cursor for $60 Billion by 7upnigeria: 5:39pm On Jun 17
aaaaabbbbbccccc:
Only if we have someone like Musk in Nigeria, together with Dangote. Nigeria will take over. Musk is so visionary.
Even Dangote is trying.
Re: SpaceX To Acquire Cursor for $60 Billion by 7upnigeria: 5:42pm On Jun 17
chatinent:
We have innovative people like this in Nigeria but no sponsorship.

Look at Nairaland. It cannot even allow you post your personal products on your timeline but it does on Twitter.
Are you a clown or you don't know what you are saying. Lagos tech startup is the fastest growing IN THE WORLD. You must be an obi supporter because its either you people hide the good news in Nigeria or you don't do your findings before coming out to talk.
Re: SpaceX To Acquire Cursor for $60 Billion by maasoap(m): 6:51pm On Jun 17
ViceGovernor:
He now walks among us, the one foretold from the times of John the Baptist, his name is Abaddon and his number is six hundred and sixty six.

He shall have great authority and power by which he will deceive mankind.

He controls presidents of the greatest nations and his tweet makes them nervous.

He has 60,000 satellites in orbit watching every blade of grass on the planet.
Everything and everyone has expiring dates, no one lasts forever. So, no big deal
Re: SpaceX To Acquire Cursor for $60 Billion by voortrekker966: 7:33pm On Jun 17
Basic123:
Peter OBI is not destined to be president grin

No amout of spamming and derailing of nairaland threads by you his people can change that.

Channel your effort to something more productive.You can even become the next elon musk.
You are not God. Don't take on the role of God. He will humble you.
Re: SpaceX To Acquire Cursor for $60 Billion by Basic123: 7:42pm On Jun 17
voortrekker966:
You are not God. Don't take on the role of God. He will humble you.
He will not humble me!

When those fake pastors were prophesizing that he would be president in 2023,did you tell them not to take the role of God?


That is my own prophecy,PETER OBI HEAD IS NOT PRESIDENTIAL.HIS DESTINY IS JUST TO CAUSE ENTROPY IN THE POLITICAL SPACE.

Bookmark this till the day of his burial
Re: SpaceX To Acquire Cursor for $60 Billion by Holy2Glory: 7:50pm On Jun 17
CALAMITY 20l30 LOADING.
IT WILL SHOCK YOU.

AND YOU SHALL KNOW THE TRUTH AND THE TRUTH SHALL SET YOU FREE.
Re: SpaceX To Acquire Cursor for $60 Billion by chatinent: 7:59pm On Jun 17
I would have returned your insult but that would also be an insult to me.
7upnigeria:
Are you a clown or you don't know what you are saying. Lagos tech startup is the fastest growing IN THE WORLD. You must be an obi supporter because its either you people hide the good news in Nigeria or you don't do your findings before coming out to talk.
Re: SpaceX To Acquire Cursor for $60 Billion by psalmsjob: 8:29pm On Jun 17
Katell:
We are in the era of AI and I think Nairaland needs to upgrade. Google and Meta has integrated AI into their systems. Facebook was launched on February 4, 2004. Nairaland was founded a little over a year later, on March 8, 2005. Facebook has upgraded beyond 2026 while Nairaland is still in 2005
And owner of nairaland has just been upgrading his ego and repression of contrary opinion to his own.....so full of himself on top nothing grin
Re: SpaceX To Acquire Cursor for $60 Billion by folake4u: 8:52pm On Jun 17
I was expecting meaningful conversations regarding this SpaceX acquisition as I'm interested in conversing with people who bought the SpaceX shares recently but alas, some comments here are disappointing.
Re: SpaceX To Acquire Cursor for $60 Billion by GloriousGbola: 8:59pm On Jun 17
folake4u:
I was expecting meaningful conversations regarding this SpaceX acquisition as I'm interested in conversing with people who bought the SpaceX shares recently but alas, some comments here are disappointing.

https://www.youtube.com/watch?v=IHD8BDFYyGI?si=jeg1FupvQOVBmugP


https://www.youtube.com/watch?v=wKXgeNwNRJ4?si=pLWk4Z5i3VT8TM5U

Ibime can probably tell you more

Also user01
Re: SpaceX To Acquire Cursor for $60 Billion by folake4u: 9:06pm On Jun 17
GloriousGbola:

https://www.youtube.com/watch?v=IHD8BDFYyGI?si=jeg1FupvQOVBmugP


https://www.youtube.com/watch?v=wKXgeNwNRJ4?si=pLWk4Z5i3VT8TM5U

Ibime can probably tell you more

Also user01
Thank you for this Ggg.

Hi Ibime, user01.

I'd like to know your thoughts on this. I wanted to invest $173 earlier on this week on this SpaceX stock but before I could say Jack! It rose to $193. I foresee that it'd rise to $500 = 1 SpaceX before the end of July.

Now, I know that anything Elon touches is gold. cheesy

Thank you 😊
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