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

By Shaurya Malwa

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

SpaceX'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.

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