Develops an AI-powered code editor designed to assist software developers with writing and editing code.cursor.com ↗
2 takes · first discussed May 22, 2026 · last Jun 19, 2026
Private company — no public price to score. We track what they said; valuation-mark tracking is on the roadmap.
Chamath argues that once SpaceX's appreciation is factored in, it effectively acquired Cursor for only ~$15 billion — calling it an incredible deal that reflects Elon's off-the-charts business intellect.
Gavin Baker argues Cursor's Composer 2.5 Pareto-dominant benchmark result—achieved after just 3-4 weeks of RL on Colossus 2—proves the unique value of Cursor's proprietary coding token dataset and points to an even larger leap when a new base model is trained with that data.
The hosts hold a broadly positive view of Cursor, though from different angles. Gavin Baker (bullish, high conviction) focuses on the company's technical moat, arguing that the rapid benchmark gains from Composer 2 to 2.5—achieved in just 3–4 weeks of reinforcement learning on Colossus 2—validate the unique value of Cursor's proprietary coding token dataset, with an even larger leap anticipated once a new base model is trained on that data. Chamath takes a more transaction-focused, neutral stance, contending that when SpaceX's appreciation is accounted for, Elon Musk effectively acquired Cursor for only ~$15 billion, which he characterizes as an extraordinary deal given that Cursor's revenue run rate simultaneously doubled. The two hosts do not directly disagree, but they emphasize distinct dimensions: Baker on Cursor's standalone technical trajectory, and Chamath on the financial terms of its acquisition.
Chamath argues that once SpaceX's appreciation is factored in, it effectively acquired Cursor for only ~$15 billion — calling it an incredible deal that reflects Elon's off-the-charts business intellect.
What I didn't factor as well is that the revenue run rate would essentially double on top of that. So he essentially got Cursor for $15 billion. Which is unbelievable. His business intellect is off the charts. That is an incredible deal.”17:33
Gavin Baker argues Cursor's Composer 2.5 Pareto-dominant benchmark result—achieved after just 3-4 weeks of RL on Colossus 2—proves the unique value of Cursor's proprietary coding token dataset and points to an even larger leap when a new base model is trained with that data.
this jump from Composer 2 to Composer 2.5 showed us is that when you do an appropriate amount of reinforcement learning using that data... this is 3 or 4 weeks and it is Pareto dominant.”50:40