Insider Jason Calcanis said Anthropic stabbed Cursor in the back. Anthropic allegedly used massive Cursor user data/token consumption to train and improve their own internal coding capabilities (Claude Code or similar). They then restricted or cut off Cursor’s access to their models.
This left Cursor in a terrible position. Negative gross margins (reported around -23%) due to expensive inference costs + no reliable access to a top-tier coding model.
Cursor was burning cash on compute and struggling to roll their own models without enough infrastructure.
SpaceX acquires Cursor for $60 billion in shares. It’s described as incredibly cheap at roughly 15x revenue.
SpaceX provides Cursor with unlimited compute (leveraging their massive infrastructure, including power/compute resources like Colossus).
The deal gives SpaceX/Elon control of a critical developer tool/IDE while solving Cursor’s model and compute problems.
Brian Wang is a Futurist Thought Leader and a popular Science blogger with 1 million readers per month. His blog Nextbigfuture.com is ranked #1 Science News Blog. It covers many disruptive technology and trends including Space, Robotics, Artificial Intelligence, Medicine, Anti-aging Biotechnology, and Nanotechnology.
Known for identifying cutting edge technologies, he is currently a Co-Founder of a startup and fundraiser for high potential early-stage companies. He is the Head of Research for Allocations for deep technology investments and an Angel Investor at Space Angels.
A frequent speaker at corporations, he has been a TEDx speaker, a Singularity University speaker and guest at numerous interviews for radio and podcasts. He is open to public speaking and advising engagements.
