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Finance
FTX's $200,000 Cursor Stake Now Valued at $3 Billion After SpaceX Acquisition Deal
The recent agreement between SpaceX and Cursor has shed light on a substantial 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 following SpaceX's acquisition deal at a $60 billion valuation. This significant increase in value has brought attention to the crypto angle, parti…
April 23, 2026, 6:18 a.m.
Finance
FTX's $200,000 Cursor Stake Would Now Be Worth $3 Billion
In a deal that has sent shockwaves through the crypto and tech industries, SpaceX has agreed to acquire AI coding startup Cursor for $60 billion. This valuation has retrospectively turned a relatively minor asset sale by FTX's estate into one of the most substantial missed recoveries in crypto history. The stake in question, which FTX's estate sold for $200,000 in April 2023, would now be worth a…
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 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 sale of its assets during bankruptcy proceedings. SpaceX's ac…
April 23, 2026, 6:18 a.m.
Finance
FTX's $200,000 Cursor Stake Would Now Be Worth $3 Billion After SpaceX's $60 Billion Acquisition Deal
Following SpaceX's announcement to acquire Cursor at a $60 billion valuation, it has been revealed that a 5% stake in the company sold by FTX's estate for $200,000 in 2023 would now be valued at approximately $3 billion. This substantial difference in value has sparked debate about the handling of FTX's assets during its bankruptcy. The sale of the stake, which was initially purchased by Alameda …
April 23, 2026, 6:18 a.m.
Finance
FTX's $200,000 Cursor Stake Now Valued at $3 Billion After SpaceX Acquisition Deal
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. This significant disparity has sparked debate about the handling of FTX's assets during its bankruptcy. The investment was initially made by Alameda Research, a…
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 acquisition agreement at a $60 billion valuation. This development has shed light on one of the largest missed recoveries in crypto history. SpaceX has announced its intention to acquire Cursor, with …
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 estate sold a 5% stake in AI coding startup Cursor for $200,000, a investment that 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 creditors due to the estate's decision to liquidate assets during the bankruptcy pro…
April 23, 2026, 6:18 a.m.
Finance
FTX's $200,000 Cursor Stake Now Valued at $3 Billion After SpaceX Acquisition
A stake in AI coding startup Cursor, sold by FTX's estate for $200,000 in April 2023, is now worth approximately $3 billion following SpaceX's 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 a $10 billion breakup fee if the acquisition does not proceed. This deal aims to close the gap with competitors …
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 $60 billion valuation. This development has brought attention to the significant gap between the initial sale price and the current valuation, with the latter representing a subs…
April 23, 2026, 6:18 a.m.
Finance
FTX's $200,000 Cursor Stake Now Valued at $3 Billion After SpaceX Acquisition Deal
The recent deal between SpaceX and Cursor has shed light on a substantial missed recovery for FTX's bankruptcy estate. In April 2023, the estate sold its 5% stake in Cursor, acquired by Alameda Research for $200,000 in 2022, for the same amount. However, with SpaceX's $60 billion valuation, this stake would now be worth approximately $3 billion. This significant disparity has sparked debate, part…
April 23, 2026, 6:18 a.m.