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Finance
FTX's $200,000 Cursor Stake Now Valued at $3 Billion After SpaceX Acquisition
In a stunning turn of events, a 5% stake in AI coding startup Cursor, sold by FTX's estate for $200,000 in April 2023, would now be worth approximately $3 billion following SpaceX's acquisition agreement at a $60 billion valuation. This deal, orchestrated by Elon Musk, aims to bridge the gap with competitors in the AI coding tools sector. The sale of the Cursor stake by FTX's estate has raised ey…
April 23, 2026, 6:18 a.m.
Finance
FTX's $200,000 Cursor Stake Now Worth $3 Billion After SpaceX Acquisition
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 staggering increase has brought attention to the significant missed recovery in crypto history. SpaceX's decision to acquire Cursor is part of Elon Musk's st…
April 23, 2026, 6:18 a.m.
Finance
FTX's $200,000 Cursor Stake Would Now Be Worth $3 Billion
In April 2023, FTX's bankruptcy estate sold a 5% stake in AI coding startup Cursor for $200,000, a decision that has proven to be a costly mistake given the company's current valuation of $60 billion. SpaceX's agreement to acquire Cursor at this valuation has brought attention to the significant missed recovery for FTX's creditors. The stake, which was initially purchased by Alameda Research for …
April 23, 2026, 6:18 a.m.
Finance
FTX's $200,000 Cursor Stake Now Worth $3 Billion After SpaceX Acquisition Deal
In a surprising 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 agreement to acquire the company at a $60 billion valuation. This development has brought attention to the significant losses incurred by FTX's estate due to the forced sale of assets during the bankr…
April 23, 2026, 6:18 a.m.
Finance
FTX Misses Out on $3 Billion as Cursor Stake Sold for $200,000 in 2023
In April 2023, FTX's bankruptcy 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. Following SpaceX's recent agreement to acquire Cursor at a $60 billion valuation, the same stake would now be worth approximately $3 billion. This substantial difference in value has sparked debate about the handling of FTX…
April 23, 2026, 6:18 a.m.
Finance
FTX's $200,000 Cursor Stake Now Valued at $3 Billion After SpaceX Acquisition Deal
The bankruptcy estate of FTX sold a 5% stake in AI coding startup Cursor for $200,000 in April 2023. However, following SpaceX's recent agreement to acquire the company at a $60 billion valuation, that same stake is now worth approximately $3 billion. This significant increase in value has brought attention to the crypto aspect of the deal, as Alameda Research, a trading firm founded by Sam Bankm…
April 23, 2026, 6:18 a.m.
Finance
FTX's $200,000 Cursor Stake Would Now Be Worth $3 Billion
In April 2023, the FTX estate sold a 5% stake in AI coding startup Cursor for $200,000. However, with SpaceX's recent agreement to acquire the company at a $60 billion valuation, that same stake would now be worth approximately $3 billion. This significant increase in value has brought attention to the crypto angle of the deal, particularly the investment made by Alameda Research in April 2022. T…
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 bankruptcy estate 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 agreement to acquire the company at a $60 billion valuation. The significant increase in value has brought attention to the crypto aspect of the deal, as Alameda Research, founded by Sam Bankman-Fried, initially inve…
April 23, 2026, 6:18 a.m.
Finance
FTX's $200,000 Cursor Stake Now Valued at $3 Billion After SpaceX Acquisition
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 recent agreement to acquire the company at a staggering $60 billion valuation. This development has brought attention to the significant gap between the initial sale price and the current worth of the stake, with the latter…
April 23, 2026, 6:18 a.m.
Finance
FTX's $200,000 Cursor Stake Now Worth $3 Billion After SpaceX Acquisition
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 recent agreement to acquire the company at a $60 billion valuation. Elon Musk's SpaceX has secured the right to purchase Cursor for $60 billion or pay $10 billion if the full acquisition does not proceed, with the aim of cl…
April 23, 2026, 6:18 a.m.