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The value has already been materialized. They were acquired by Qualcomm for $3.9 billion.
Wow, so Lattner became a billionaire. Pays to be in compilers.
For once. A former colleague once quipped: The only way to make decent money in the business of language runtimes is to get a job at a big company that depends on it.
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The value has been speculated on. It doesn't mean the value has materialized.
That’s insane, for a language that seems to be Temu-Python.

OTOH Python itself is the world’s most popular programming language, yet has only recently had the money to support more than a single full-time developer.

What else are you going to write CUDA kernels in that will be better than Mojo?

This doesn't compete with Python.

Like if someone wrote a competitor to VHDL that looked like TEMU Python... Python would not be its competitor, VHDL would.

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It almost feels like they were paying more in the hopes of owning the next LLVM or Swift based on the name on the tin rather than basing the price on the product itself.