FTX's $200,000 Stake in Cursor Now Valued at $3 Billion After SpaceX Acquisition
In April 2023, FTX's 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 staggering increase has brought attention to the crypto angle, as Alameda Research, founded by Sam Bankman-Fried, initially invested $200,000 in Anysphere, the company…
April 23, 2026, 6:18 a.m.