Replit CEO Amjad Masad discussed his company's strategic direction and acquisition prospects during a TechCrunch StrictlyVC event in San Francisco on Thursday evening.

The discussion comes as industry reports suggest that Cursor, a competing code editor company, is in acquisition talks with SpaceX for a reported $60 billion valuation. The potential deal has prompted questions about whether other companies in the space, including Replit, might also consider sale opportunities.

Masad addressed the acquisition speculation directly, indicating his preference against selling the company at this time. The CEO's comments provide insight into Replit's current strategic positioning as the coding and development tools market continues to evolve.

Replit operates as a cloud-based integrated development environment that allows users to code, collaborate, and deploy applications directly from their browser. The company competes in the increasingly competitive developer tools market alongside platforms like Cursor and traditional development environments.

The Thursday evening event was described as sold-out, reflecting continued investor and industry interest in developer-focused companies and their growth trajectories in the current technology landscape.