Apple’s new CEO, and why Elon Musk wants to buy Cursor for $60B

Apple’s new CEO, and why Elon Musk wants to buy Cursor for $60B
Listen on Apple Podcasts Listen on Spotify A new era is on the way for Apple as Tim Cook plans to step down from his CEO role in September, handing the reins to hardware chief John Ternus.   Ternus may be inheriting one of the most durable businesses in tech, but he’s also stepping into a very di

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<p id="speakable-summary" class="has-text-align-left wp-block-paragraph">A new era is on the way for Apple as Tim Cook plans to step down from his CEO role in September, <a href="https://techcrunch.com/2026/04/20/who-is-john-ternus-the-incoming-apple-ceo/" target="_blank" rel="noreferrer noopener">handing the reins to hardware chief John Ternus</a>.  </p>
<p class="wp-block-paragraph">Ternus may be inheriting one of the most durable businesses in tech, but he’s also stepping into a very different ecosystem than the one Cook spent decades shaping. The App Store’s 30% cut is under pressure, the behind-the-scenes power Apple once held over developers is being challenged, and <a href="https://techcrunch.com/2026/04/18/the-app-store-is-booming-again-and-ai-may-be-why/" target="_blank" rel="noreferrer noopener">vibe-coded apps are changing what it means to build on Apple’s platform</a>. </p>
<p class="wp-block-paragraph">On this episode of TechCrunch’s <a href="https://techcrunch.com/podcasts/equity/" target="_blank" rel="noreferrer noopener">Equity</a> podcast, hosts Kirsten Korosec, Anthony Ha, and Sean O’Kane dig into what this transition means for startups and a closer look at some of the week’s biggest deals — including SpaceX’s $60B option on Cursor. </p>
<p class="wp-block-paragraph">Listen to the full episode to hear about: </p>
<ul class="wp-block-list">
<li class="wp-block-list-item">Why <a href="https://techcrunch.com/2026/04/21/unauthorized-group-has-gained-access-to-anthropics-exclusive-cyber-tool-mythos-report-claims/" target="_blank" rel="noreferrer noopener">Anthropic’s Mythos model</a> is raising questions about both safety and marketing </li>
</ul>
<ul class="wp-block-list">
<li class="wp-block-list-item">The <a href="https://techcrunch.com/2026/04/20/anthropic-takes-5b-from-amazon-and-pledges-100b-in-cloud-spending-in-return/" target="_blank" rel="noreferrer noopener">$5 billion Amazon-Anthropic deal</a> that looks a lot like other circular AI infrastructure plays </li>
</ul>
<ul class="wp-block-list">
<li class="wp-block-list-item">What the <a href="https://techcrunch.com/2026/04/21/spacex-is-working-with-cursor-and-has-an-option-to-buy-the-startup-for-60-billion/" target="_blank" rel="noreferrer noopener">SpaceX-Cursor agreement</a> (and that $10 billion breakup fee) says about Elon Musk’s AI strategy post-xAI merger </li>
</ul>
<ul class="wp-block-list">
<li class="wp-block-list-item">Why fintech <a href="https://techcrunch.com/2026/04/21/revolut-eyes-valuation-of-up-to-200b-in-eventual-ipo/" target="_blank" rel="noreferrer noopener">Revolut</a> and AI chip startup <a href="https://docs.google.com/document/d/18lBWJdmvxYWTMJPMmVS1tM9iLF8cMxWKJN1En_CVZH0/edit?tab=t.0" target="_blank" rel="noreferrer noopener nofollow">Cerebras</a>‘ public market plans have us wondering whether this is actually the year the IPO market reopens </li>
</ul>
<p class="has-text-align-left wp-block-paragraph">Subscribe to Equity on <a href="https://www.youtube.com/@TechCrunch" target="_blank" rel="noreferrer noopener nofollow">YouTube</a>,<a href="https://itunes.apple.com/us/podcast/id1215439780" target="_blank" rel="noreferrer noopener nofollow"> Apple Podcasts</a>,<a href="https://overcast.fm/itunes1215439780/equity" target="_blank" rel="noreferrer noopener nofollow"> Overcast</a>,<a href="https://open.spotify.com/show/5IEYLip3eDppcOmy5DmphC?si=rZDFHv2sQUul_g94iCRgpQ" target="_blank" rel="noreferrer noopener nofollow"> Spotify</a> and all the casts. You also can follow Equity on<a href="https://twitter.com/EquityPod" target="_blank" rel="noreferrer noopener nofollow"> X</a> and<a href="https://www.threads.net/@equitypod" target="_blank" rel="noreferrer noopener nofollow"> Threads</a>, at @EquityPod. </p>