FTX's $200,000 Cursor Stake Now Valued at $3 Billion After SpaceX Acquisition Deal
In a remarkable 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 agreement to acquire the company at a $60 billion valuation. This development has brought attention to the significant value that could have been realized by FTX's creditors, had the estate not sold the …
April 23, 2026, 6:18 a.m.