shared a link post in group #SpaceX 🚀
Bloomberg columnist Matt Levine had a colorful explanation of why #SpaceX 🚀 couldn’t yet acquire Cursor. “There’s an IPO! In like two months! It’s bad enough that the SpaceX IPO became Also The xAI And Twitter IPO in February but making it also the Cursor IPO now is too much”
He added the Cursor deal could be a good way to get talent who would be otherwise skeptical about working for xAI. “If you’re leaving your startup to go work for Musk, a famously demanding and mercurial boss, you will want to get cashed out of your startup. Selling for $60 billion is a good deal; going to work for him on spec for a few months is not.”
But, Levine said, “Of course Musk does change his mind a lot. It would be very funny if he sours on Cursor by July and walks away from the deal, and they make $10 billion for three months’ work.”
https://www.bloomberg.com..
