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cursor's warchest, xai's redemption - by Ethan Ding

ethanding.substack.com · 2,145 words · saved by 1 readers

last month, cursor was closing a $50b oversubscribed round. the same week, the founders signed a deal selling the company to xai at $60b.

cursor's warchest, xai's redemption last month, cursor was closing a $50b oversubscribed round. the same week, the founders signed a deal selling the company to xai at $60b. Ethan Ding Apr 30, 2026 71 12 5 Share last month, cursor was closing a $50b oversubscribed round. the same week, the founders signed a deal selling the company to xai at $60b . most fastest-growing-software-company-in-history founders don’t sell. cursor’s did. the consensus read is that this is a great deal. xai needs an application surface to put in front of public market investors before the spacex ipo. cursor needs a sp

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