FTX's $200,000 Cursor Stake Now Worth $3 Billion After SpaceX Acquisition Deal
In April 2023, FTX's bankruptcy estate sold a 5% stake in AI coding startup Cursor for $200,000, a fraction of its current worth of approximately $3 billion, following SpaceX's recent agreement to acquire the company at a $60 billion valuation. This deal has brought attention to the significant gap between the sale price and the current value, with the difference representing a substantial 15,000…
April 23, 2026, 6:18 a.m.