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HarHarVeryFunny 7 hours ago

It's $60B in SPCX stock, not in cash.

https://techcrunch.com/2026/06/16/spacex-to-acquire-cursor-f...

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rchaud 7 hours ago | parent [-]

Guess Musk figured out that paying all cash to acquire something was a bad idea.

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HarHarVeryFunny 7 hours ago | parent [-]

Sure - why use cash when you can use bits of paper instead?

I'd expect more of the same to come - good way to lock in some of this crazy SpaceX valuation by converting it into something with a bit more inherent worth.

Tesla next?

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smotched 4 hours ago | parent [-]

cash is bits of paper...

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HarHarVeryFunny 3 hours ago | parent [-]

Not everywhere ... many countries have polymer banknotes for better security.

In any case not all bits of paper are equal. Monopoly money bills are not worth face value!

	▲	all2 3 hours ago \| parent [-]
		They are, its the exchange rate that's the killer.