FTX's decision to sell its 5% stake in Cursor for $200,000 during its 2023 bankruptcy proceedings has proven to be a missed opportunity. The stake, which was part of FTX's asset liquidation, would now be valued at over $3 billion following SpaceX's acquisition of Cursor for $60 billion. This dramatic increase highlights the potential value lost in the sale as SpaceX's investment significantly boosts Cursor's market valuation.
FTX's Former Stake in Cursor Skyrockets in Value After SpaceX Acquisition
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