so now we're accusing him of being a habitual drug user? or is this some joke that's going over my head

You want to keep on topic, so explain in a business-sense way how this acquisition makes sense? Cursor has no moat, just a lot of clients. If spacex would clone vscode, plop in Grok and and advertise it on X as subscription included with your X sub, they would immediately have more clients. Why pay this type of money for that if he is so clever? It is a question; maybe there is a reason, it just looks incredibly skewed towards cursor; they are the big winners with spacex overpaying a large margin for something that does not seem to make a lot of sense?

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93po 2 days ago | parent [-]

My argument isn't that I have insider information or even any meaningful knowledge or experience with literally billion dollar acquisitions and investments. My argument is that you don't either, and almost no one does, and Elon doesn't really have a track record of making decisions that have no explanation behind them - even if that basis is sometimes ideological rather than profit maximizing (buying twitter).

Elon is problematic in many ways and despite the cool things his companies do, I think he is also causing harm. However, he is not an idiot, he is very business savvy, he does things for real reasons, and if you're going to speculate that he's being an idiot and making a stupid decision, then I think it needs an argument of substance that actually understands the factors at play in spending billions of dollars on buying a company. Which I don't think either of us are equipped to provide.

Saying "this doesn't make sense" is basically an admission that it isn't understood, rather than evidence that Elon is being an idiot.

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anonzzzies 2 days ago | parent [-]

It is fair, however, people who are too big too fail have a lot of leeway after their brain goes. I think it could be an explanation as well. But we indeed do not know; don't have nor want billions. People like that definitely live in another world.

	▲	93po 2 days ago \| parent [-]
		I don't see any evidence that Elon's brain is "going" and in fact he's literally more successful than ever - and more than almost anyone in history. Which isn't me trying to kiss his ass but rather just a statement of facts that anyone can see by looking at the net worth scoreboard. If we saw any evidence of senility or brain rot or whatever people want to accuse him of, then sure, maybe there can be room for "maybe Elon is starting to make truly idiotic business decisions". I do agree wealth does cause brain rot and even the people trying to be most self-aware about it still fall victim to their bubbles and egos. I think Elon shows this plenty is many aspects of his life, but business is not one of them.