FTX's $200,000 Cursor Stake Now Valued at $3 Billion After SpaceX Acquisition Deal
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 gap between the initial sale price and the current valuation, with the stake's value increasing by a substantial 15,…
April 23, 2026, 6:18 a.m.