FTX's $200,000 Cursor Stake Would Now Be Worth $3 Billion
In April 2023, FTX's estate sold a 5% stake in Cursor for $200,000, which would now be valued at approximately $3 billion following SpaceX's $60 billion acquisition deal. This significant increase in value has brought attention to the crypto aspect of the transaction, as Alameda Research, founded by Sam Bankman-Fried, initially invested $200,000 in Anysphere, the company behind Cursor, in April 2…
April 23, 2026, 6:18 a.m.