SpaceX option: $60B buy or $10B fee
SpaceX secured a call option to acquire Cursor for $60 billion by end of 2025, with a $10 billion payment due if the option is not exercised.
Snapshot · God Mode Podcast
Anthropic Admits Claude Got Dumber | GPT 5.5's 86% Hallucination Rate | SpaceX's $60B Option to Buy Cursor | Naval Launches USVC | A Hairdryer Hacks Polymarket | EP10
Explore episode
Apr 25, 2026
Where this was said
SpaceX's $60B Call Option to Acquire Cursor
At 26:09 · chapter starts 26:00
SpaceX's $60B Cursor Option: The World's Biggest Call
SpaceX locked in the right to buy Cursor for $60 billion by year-end, with a $10 billion exit fee if they don't. Cursor's last funding round valued it at $50 billion. This isn't really about the software — it's about acquiring the talent after Elon fired XAI's founding team.
Coding Is the Circular Key to AGI
Coding is a self-reinforcing flywheel. Build a great coding agent, companies hand you their entire codebase, the model learns how real products are built, and you use that to train an even better model. Anthropic cracked this first. Now everyone from Elon to OpenAI is chasing it.
Cursor last raise: $50B; option price: $60B
Cursor's most recent funding round valued the company at $50 billion, and SpaceX's call option to acquire it is priced at $60 billion.
73% Polymarket odds SpaceX buys Cursor
Polymarket put the probability of SpaceX acquiring Cursor at 73% at the time of recording.
Cursor Would Lose Its Superpower If XAI Buys It
Cursor works because it's Switzerland — plug in Claude, Gemini, GPT, whatever model you want. The moment XAI acquires it and pushes Grok as the default, every user who chose Cursor for Claude access has a reason to leave. The acquisition may destroy the thing it's buying.
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