tech
April 24, 2026
Apple's new CEO, and why Elon Musk wants to buy Cursor for $60B
Equity digs into what Apple's leadership transition means for startups and more of the week’s biggest deals, including SpaceX's $60B option on Cursor.
TL;DR
- Tim Cook is reportedly stepping down as Apple CEO in September, succeeded by hardware chief John Ternus.
- Apple's business faces new challenges regarding the App Store's 30% cut and developer relations.
- The Equity podcast covers Apple's transition, major deals including SpaceX's option on Cursor, and AI infrastructure plays.
- Discussion includes Anthropic's Mythos model, the Amazon-Anthropic deal, SpaceX's AI strategy, and potential IPOs from Revolut and Cerebras.
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