FTX's $200,000 Cursor Stake Now Valued at $3 Billion After SpaceX Acquisition Deal
In a stunning 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 worth approximately $3 billion following SpaceX's recent agreement to acquire the company at a $60 billion valuation. This deal, announced by SpaceX, grants the company the option to purchase Cursor later this year for $60 billion or pay $10 billion if the…
April 23, 2026, 6:18 a.m.