Bill Ackman and Chamath react to SpaceX's $60B Cursor acquisition, revealing why the market will pay massive premiums for AI applications.

Analysts differ on the likely impact, some arguing that the deal gives Cursor the compute expansion it needs, while others worry that Cursor’s trustworthiness could be threatened.

SpaceX and Cursor had agreed to a deal earlier this year that gave the rocket company an option to buy the AI firm.