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Finance
FTX's Sale of Cursor Stake for $200,000 in 2023 Now Valued at $3 Billion
A 5% stake in AI coding startup Cursor, sold by FTX's bankruptcy estate for $200,000 in April 2023, would now be valued at approximately $3 billion following SpaceX's agreement to acquire the company at a $60 billion valuation. This development comes as SpaceX prepares for an initial public offering targeting a $2 trillion valuation, with the acquisition serving as a strategic move to enhance its…
April 23, 2026, 6:18 a.m.
Finance
FTX's $200,000 Cursor Stake Now Worth $3 Billion After SpaceX Deal
In April 2023, FTX's bankruptcy estate sold a 5% stake in AI coding startup Cursor for $200,000, a decision that has become one of the largest missed recoveries in crypto history. Following SpaceX's agreement to acquire Cursor at a $60 billion valuation, that same stake would be worth approximately $3 billion today. This deal marks a significant move by Elon Musk to close the gap with competitors…
April 23, 2026, 6:18 a.m.
Finance
FTX's $200,000 Cursor Stake Now Worth $3 Billion After SpaceX Acquisition
In a striking turn of events, a 5% stake in AI coding startup Cursor, sold by FTX's bankruptcy estate for $200,000 in April 2023, would now be valued at approximately $3 billion following SpaceX's recent agreement to acquire the company at a $60 billion valuation. This development has shed light on one of the largest missed recoveries in crypto history. Elon Musk's SpaceX has secured the right to…
April 23, 2026, 6:18 a.m.
Finance
FTX's $200,000 Cursor Stake Now Valued at $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 valuation that has skyrocketed to approximately $3 billion following SpaceX's acquisition deal at a $60 billion valuation. The deal marks a strategic move by Elon Musk to bridge the gap with competitors in the AI coding tools sector. The initial investment in Cursor was made by Alameda Research, a t…
April 23, 2026, 6:18 a.m.
Finance
FTX's $200,000 Cursor Stake Now Valued at $3 Billion After SpaceX Acquisition Deal
The value of a 5% stake in AI coding startup Cursor, sold by FTX's bankruptcy estate for $200,000 in April 2023, has skyrocketed to approximately $3 billion following SpaceX's agreement to acquire the company at a $60 billion valuation. This deal, led by Elon Musk, aims to bridge the gap with competitors in AI coding tools. The stake was initially purchased by Alameda Research, a trading firm fou…
April 23, 2026, 6:18 a.m.
Finance
FTX's $200,000 Cursor Stake Now Valued at $3 Billion After SpaceX Acquisition
In April 2023, FTX's estate sold a 5% stake in AI coding startup Cursor for $200,000, a valuation that has skyrocketed to approximately $3 billion following SpaceX's agreement to acquire the company at a $60 billion valuation. This substantial increase in value has brought attention to the significant missed recovery in crypto history. SpaceX has agreed to either acquire Cursor for $60 billion la…
April 23, 2026, 6:18 a.m.
Finance
FTX Misses Out on $3 Billion Opportunity After Selling Cursor Stake for $200,000
In April 2023, FTX's bankruptcy estate sold a 5% stake in AI coding startup Cursor for $200,000, a move that has proven to be a costly mistake in hindsight. Following SpaceX's agreement to acquire Cursor at a $60 billion valuation, the stake would now be worth approximately $3 billion. This significant disparity has sparked debate about the handling of FTX's assets during its bankruptcy proceedin…
April 23, 2026, 6:18 a.m.
Finance
FTX's $200,000 Cursor Stake Now Valued at $3 Billion After SpaceX Acquisition Deal
In April 2023, FTX's estate sold a 5% stake in AI coding startup Cursor for $200,000, a move that has become one of the largest missed recoveries in crypto history, given the company's current valuation of $60 billion following SpaceX's acquisition deal. The sale was part of the bankruptcy proceedings of FTX, with the stake initially purchased by Alameda Research, a trading firm founded by Sam Ba…
April 23, 2026, 6:18 a.m.
Finance
FTX's $200,000 Cursor Stake Now Valued at $3 Billion After SpaceX Acquisition Deal
In April 2023, the estate of FTX sold a 5% stake in AI coding startup Cursor for $200,000, a valuation that has since skyrocketed to approximately $3 billion following SpaceX's recent agreement to acquire the company at a $60 billion valuation. This significant increase in value underscores a substantial missed recovery for FTX's creditors. The deal is part of Elon Musk's strategy to enhance Spac…
April 23, 2026, 6:18 a.m.
Finance
FTX's $200,000 Stake in Cursor Now Worth $3 Billion After SpaceX Acquisition
Following SpaceX's agreement to acquire Cursor at a $60 billion valuation, it has been revealed that a 5% stake in the AI coding startup, sold by FTX's bankruptcy estate for $200,000 in April 2023, would now be worth approximately $3 billion. This substantial increase in value has brought attention to the estate's decision to liquidate assets during the bankruptcy process. The investment in Curso…
April 23, 2026, 6:18 a.m.