Bankman-Fried’s FTX sold its Cursor stake for $200,000 in 2023. It would be worth $3 billion today
The FTX bankruptcy estate sold a 5% stake in artificial intelligence coding startup Cursor for $200,000 in April 2023, and the company is now worth about $3 billion after SpaceX agreed to acquire the company this week at a $60 billion valuation. SpaceX said on Monday it has the option to acquire Cursor for $60…