The Quiet, Galactic Ambitions of Cursor CEO Michael Truell - Business Insider

kept by eddie jun 16

Cursor CEO Michael Truell navigated a fraught reliance on Anthropic, built in-house AI models, and struck a deal for a potential $60B acquisition by SpaceX to secure computing power.

.@mntruell launched Cursor 8 times, and nobody cared. Don't give up.
Michael Truell launched Cursor eight times without success before it became a $29 billion company, proving persistence pays off.
also on Michael Truell, Cursor, #startups, #ai-coding, #developer-tools
Musings on Markets: Revisiting the SpaceX Valuation: A Post-Prospectus Update!
A finance professor updates his SpaceX valuation to $1.3 trillion after the IPO prospectus reveals heavy AI investment, dual-class control, and risky governance.
also on Elon Musk, SpaceX, Cursor, #startups, Anthropic, #business-strategy
How SpaceX Humiliated Wall Street
SpaceX's Starlink generated more revenue in 2023 than all other commercial space companies combined, demonstrating the financial power of vertical integration and rapid iteration over traditional aerospace contracting.
also on Elon Musk, SpaceX, #competition, #business-strategy