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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 stake now valued at approximately $3 billion after SpaceX agreed to acquire the company at a $60 billion valuation. SpaceX has the option to purchase Cursor later this year for $60 billion or pay $10 billion if the acquisition does not proceed, as part of Elon Musk's efforts to close the AI coding t…
April 23, 2026, 6:18 a.m.
Finance
FTX's Sale of Cursor Stake for $200,000 Now Valued at $3 Billion
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 Now Worth $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 acquisition agreement. 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 process. The acquisition is part of Elon Musk'…
April 23, 2026, 6:18 a.m.
Finance
FTX's $200,000 Cursor Stake Now Valued at $3 Billion After SpaceX Acquisition Deal
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 deal, led by Elon Musk, aims to enhance SpaceX's AI coding capabilities and close the gap with competitors like OpenAI and Anthropic. The acquisition is con…
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. Following SpaceX's recent agreement to acquire the company at a $60 billion valuation, that same stake would now be worth approximately $3 billion. This development has brought attention to one of the largest missed recoveries in crypto history, with the estate's decision to sell the stake at a relati…
April 23, 2026, 6:18 a.m.
Finance
FTX's $200,000 Cursor Stake Now Worth $3 Billion After SpaceX Acquisition Deal
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 comes as SpaceX, led by Elon Musk, seeks to bridge the gap with competitors in the AI coding tools sector. The deal allows SpaceX to eithe…
April 23, 2026, 6:18 a.m.
Finance
FTX's $200,000 Cursor Stake Now Worth $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, a stake that would now be valued at 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 later this year for $60 billion, or pay $10 billion if the acquisition does not proceed, as part …
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
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 staggering $60 billion valuation. This deal, announced by SpaceX, grants the company the option to purchase Cursor later this year for $60 billion or pay $10 bill…
April 23, 2026, 6:18 a.m.
Finance
FTX's $200,000 Cursor Stake Now Worth $3 Billion After SpaceX Acquisition Deal
In April 2023, FTX's 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 acquisition agreement. This deal has brought attention to one of the largest missed recoveries in crypto history. SpaceX's agreement to acquire Cursor at a $60 billion valuation has given the company's stakeholders a substantia…
April 23, 2026, 6:18 a.m.
Finance
FTX's $200,000 Cursor Stake Now Valued at $3 Billion After SpaceX Acquisition
A 5% stake in AI startup Cursor, sold by FTX's bankruptcy estate for $200,000 in April 2023, would now be worth approximately $3 billion following SpaceX's $60 billion acquisition deal. This development has brought attention to the significant value that could have been realized by FTX's creditors if the stake had not been sold. SpaceX's acquisition is part of Elon Musk's strategy to enhance his …
April 23, 2026, 6:18 a.m.