Apple’s new CEO, and why Elon Musk wants to buy Cursor for $60B
TechCrunch / 4/25/2026
💬 OpinionSignals & Early TrendsIndustry & Market MovesModels & Research
Key Points
- Apple is preparing for a leadership change as Tim Cook plans to step down as CEO in September and hand the role to hardware chief John Ternus.
- The incoming CEO will oversee an Apple ecosystem under growing pressure from challenges to the App Store’s 30% take rate and shifts in Apple’s influence over developers.
- The article highlights how “vibe-coded” apps and AI-driven shifts are changing what it means to build on Apple’s platform, potentially reshaping developer expectations.
- The podcast episode also covers major deals from the week, including SpaceX’s $60B options-related move tied to Cursor.
- It points to broader AI industry developments, such as concerns around Anthropic’s “Mythos” model regarding safety and marketing.
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 different ecosystem than the one Cook spent decades shaping. The App […]
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