In a remarkable turn of events, a 5% stake in AI coding startup Cursor, which was sold by FTX's bankruptcy estate for $200,000 in April 2023, would now be valued at approximately $3 billion, thanks to SpaceX's recent agreement to acquire the company at a staggering $60 billion valuation. This deal, orchestrated by Elon Musk, aims to bridge the gap with competitors OpenAI and Anthropic in the AI coding tools sector. Notably, the sale of this stake has significant implications for FTX's creditors, as it represents one of the largest missed recoveries in crypto history, with a potential return of 15,000x. The timing of this revelation is particularly awkward for FTX's bankruptcy administration, as it lends credence to Sam Bankman-Fried's argument that the estate's rapid liquidation of assets destroyed billions of dollars in value, potentially leaving customers with significant unrealized gains.