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SpaceX is buying Cursor for $60 billion
(www.businessinsider.com)
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this post was submitted on 17 Jun 2026
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SpaceX is 100% a bullshit company. FTFY
This is the sort of comment where I wish Lemmy had the option to block everyone who upvoted it.
edit and I wish the ones who downvoted me also blocked me
"We do social media, rockets, and AI" Yes this company is a very logical well thought out entity who's losing $3 for every $1 we make. We are growing only at 33% a year, yet are valued at 25x other companies with better growth and actual strategies . If you believe this shit I've got a bridge to sell you.
Only loosing 3x more than they make!? That's a gigantic success by modern standards.
The original Founders had a lot of good ideas and did a lot of hard work. Unfortunately they let a clown come in and take them over and turn everything into a circus. Where people can say that sort of thing 100% accurately now. Tesla and SpaceX are both punch lines realistically anymore as is Twitter.
You realize Elon is the founder of SpaceX.
The lead who designed the merlin engine turned down being a founder as he wanted a stable income vs the low pay and risk of working for equity/founder status, so he was an employee. (Edit and I don't blame the guy for that choice either, odds of a private rocket company succeeding was incredibly low)
SpaceX is not a punchline.