Software Eats Its Own

Another day another deal which makes you question the meaning of money itself. SpaceX said this morning it has an option to buy Cursor for $60 billion later this year, or pay the coding startup $10 billion for the work they are already doing together, Elon Musk said on his bully pulpit. Chasing the “code” opportunity has been top priority inside xAI, so this adds up. SpaceX isn’t alone. Over at Google, Sergey Brin has come out of semi-retirement to personally drive a DeepMind “strike team” whose job is to catch Anthropic in coding. (He wants Gemini to start writing Gemini. Recursive, that.) OpenAI just rolled out a Codex revamp last week with desktop control, memory, and multi-agent workflows aimed at the same target. And they are all coming to the same conclusion because they are looking at Anthropic with lustful jealousy. Anthropic says Claude Code is now growing revenues at a $2.5 billion run-rate, a number that has doubled since January 1. Claude Code was launched in May 2025. Six…