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Re:Hyundai buys Boston Dynamics by monocasa on Friday June 19, 2026 @03:57PM (#48602575)
I think it's more that Space X's valuation is ridiculous, and they need acquisitions that are ridiculous to pretend that the emperor is still wearing clothes.

When cursor is selling for $60B, then grok has to really be worth several times that, right?

Re:Hyundai buys Boston Dynamics by dehugger on Friday June 19, 2026 @07:12PM (#48604394)
I don't know that I disagree, but this had to be in the works before the IPO right? Acquisitions don't typically materialize in a timeline of <1 week (or perhaps they do when someone walks in and offers 60B...)
Re:Hyundai buys Boston Dynamics by monocasa on Saturday June 20, 2026 @01:57AM (#48606709)
Inflating SpaceX's perceived value would have been the primary goal for a lot of the business for at least the past year leading up to the IPO.
Re:Hyundai buys Boston Dynamics by mrweasel on Saturday June 20, 2026 @03:54AM (#48607253)
It's probably a bit of both. Space X is overvalued, and so is Cursor. It's easier for Space X to justify buying Cursor for $60B than it would be for other, because it's a rounding error compared to Space X's valuation.

I haven't tried Cursor, and I'm sure it's a perfectly good IDE, but given that JetBrains was valued at $7B in 2021 [1] $60B seems rather high.

1) https://servreality.com/news/jetbrains-startup-valued-at-7-b...,

Re:Hyundai buys Boston Dynamics by siva7 on Saturday June 20, 2026 @11:08AM (#48609751)
How far we have come that 60B could be considered a rounding error for a company
Re:Hyundai buys Boston Dynamics by inglor_cz on Saturday June 20, 2026 @11:51AM (#48610144)
The US has GDP of 32 trillion. In an economy of that size, you would expect a few companies for which 60B is not crazy money, although rounding error is really stretching it.