Bankman-Fried’s FTX sold its Cursor stake for $200,000 in 2023. It would be worth $3 billion today
A 5% stake in AI coding startup Cursor that FTX’s bankruptcy estate sold for $200,000 in April 2023 would be worth about $3 billion today, following SpaceX’s agreement this week to acquire the company at a $60 billion valuation. SpaceX said Monday it has the right to buy Cursor later this year for $60 billion…