FTX sold its Cursor stake for $200,000 in 2023. It would be worth $3 billion today

FTX sold its Cursor stake for $200,000 in 2023. It would be worth $3 billion today

Search/NewsVideoPricesResearchConsensus 2026Data & IndicesSponsoredSearch/enFinanceShareShare this articleCopy linkX iconX (Twitter)LinkedInFacebookEmailFTX sold its Cursor stake for $200,000 in 2023. It would be worth $3 billion todaySpaceX's agreement to acquire AI coding startup Cursor at a $60 billion valuation has retroactively turned a routine bankruptcy asset sale by FTX's estate into one of the largest missed recoveries in crypto history.By Shaurya Malwa|Edited by Sam ReynoldsUpdated Apr 23, 2026, 6:24 a.m. Published Apr 23, 2026, 6:18 a.m. Make preferred on What to know: A 5 percent stake in AI coding startup Cursor that FTX’s bankruptcy estate sold for $200,000 in 2023 would be worth about $3 billion under SpaceX’s new $60 billion deal for the company.The windfall instead goes to the buyer of the bankruptcy stake, sharpening criticism that FTX’s administrators sold assets too q

Source: https://www.coindesk.com/business/2026/04/23/ftx-sold-its-cursor-stake-for-usd200-000-in-2023-it-would-be-worth-usd3-billion-today