SpaceX likely to purchase Cursor in the near future, says 22V's Dauvin Peterson
Speakers
Dauvin Peterson
— Head of data infrastructure and commodities research at 22V
Summary
Dauvin Peterson discusses SpaceX's near-term catalysts, including a potential Cursor acquisition and an Anthropic deal, which could compress its valuation multiple. He also comments on Cerebrus's high multiple being sustainable given its AI growth catalysts, and touches on IPO mechanics and institutional support for SpaceX.
- Peterson highlights SpaceX's near-term catalysts: Anthropic deal and likely Cursor acquisition.
- He expects these deals to compress SpaceX's price-to-sales multiple from ~100x to ~40x.
- He notes that Cerebrus still trades at ~50x price-to-sales despite recent price declines.
- He argues that AI-related companies with strong catalysts can support high multiples.
- Discussion includes technical aspects of SpaceX's upcoming IPO and lockup structure.
- He suggests that technical glitches in stocks may be buying opportunities.
- The overall narrative remains positive on space, AI, and data center themes.
Ideas
Cerebrus can support high multiple.
Cerebrus has about a 50x price-to-sales multiple, but given its significant growth rates, AI-related catalysts, and embedded optionality, such companies can support a higher multiple in the near term based on the event path. The high multiple is justified by the company's AI growth story.
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This CNBC video, published June 05, 2026, features Dauvin Peterson discussing Cerebrus. 1 trade idea extracted by AI with direction and confidence scoring.
Speakers: Dauvin Peterson · Tickers: Cerebrus