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Finance
FTX's $200,000 Cursor Stake Now Worth $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 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 gap between the initial sale price and the current worth, with the difference represe…
April 23, 2026, 6:18 a.m.
Finance
FTX's Sale of Cursor Stake for $200,000 Now Valued at $3 Billion
Following SpaceX's agreement to acquire Cursor at a $60 billion valuation, it has been revealed that FTX's estate sold its 5% stake in the company for $200,000 in April 2023, a sum that would now be worth approximately $3 billion. This significant disparity has sparked debate about the handling of FTX's assets during its bankruptcy proceedings. The investment, initially made by Alameda Research i…
April 23, 2026, 6:18 a.m.
Finance
FTX's $200,000 Cursor Stake Now Valued at $3 Billion After SpaceX Acquisition
The recent announcement of SpaceX's intention to acquire AI coding startup Cursor at a valuation of $60 billion has brought attention to a notable missed recovery in crypto history. In April 2023, FTX's bankruptcy estate sold its 5% stake in Cursor for $200,000, a stake that would now be worth approximately $3 billion. This significant disparity has sparked debate about the handling of FTX's asse…
April 23, 2026, 6:18 a.m.
Finance
FTX's $200,000 Stake in Cursor 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 fraction of its current valuation of $3 billion following SpaceX's recent acquisition agreement. This deal has brought attention to one of the largest missed recoveries in crypto history. SpaceX has agreed to acquire Cursor at a $60 billion valuation, with the option to buy the company later this ye…
April 23, 2026, 6:18 a.m.
Finance
FTX's $200,000 Cursor Stake Now Valued at $3 Billion After SpaceX Acquisition Deal
A 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 acquisition agreement at a $60 billion valuation. This development comes as SpaceX plans to acquire Cursor, with Elon Musk aiming to bridge the gap with competitors in AI coding tools. The deal has brought attention to the crypto aspect, w…
April 23, 2026, 6:18 a.m.
Finance
FTX's $200,000 Stake in Cursor Now Valued at $3 Billion After SpaceX Acquisition
The recent agreement between SpaceX and Cursor has shed light on a substantial missed recovery for FTX's estate. In April 2023, the estate sold its 5% stake in Cursor for $200,000, a stake that would now be worth approximately $3 billion following SpaceX's $60 billion acquisition. This significant disparity has sparked discussions about the timing and handling of FTX's bankruptcy assets. Elon Mus…
April 23, 2026, 6:18 a.m.
Finance
FTX's $200,000 Cursor Stake Now Worth $3 Billion After SpaceX Acquisition
In April 2023, FTX's estate sold a 5% stake in Cursor for $200,000, a decision that has proven costly in hindsight. 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 disparity has brought attention to the crypto aspect of the deal, particularly the investment made by Alameda Research in A…
April 23, 2026, 6:18 a.m.
Finance
FTX's $200,000 Cursor Stake Now Valued at $3 Billion After SpaceX Acquisition
Following SpaceX's agreement to acquire AI coding startup Cursor at a $60 billion valuation, it has been revealed that a 5% stake in the company, sold by FTX's bankruptcy estate for $200,000 in April 2023, would now be worth approximately $3 billion. This development comes as SpaceX has announced its intention to purchase Cursor later this year for $60 billion, or pay a $10 billion breakup fee if…
April 23, 2026, 6:18 a.m.
Finance
FTX's $200,000 Cursor Stake Now Valued at $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 worth a staggering $3 billion following SpaceX's acquisition of the company at a $60 billion valuation. This development has brought to light a substantial missed recovery in crypto history. SpaceX's agreement to acquire Cursor is part of Elon Musk's strat…
April 23, 2026, 6:18 a.m.
Finance
FTX's $200,000 Cursor Stake Now Worth $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 pales in comparison to its current worth of 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 later this year for $60 billion or pay $10 billion if the acquisitio…
April 23, 2026, 6:18 a.m.