FTX Sells Cursor Stake for $200K, Misses Billion-Dollar Upside as SpaceX Eyes $60B Move

FTX Sells Cursor Stake for $200K

During the FTX bankruptcy proceedings, liquidators sold Alameda Research’s investment in the software developer Anysphere for only $200,000, a decision that now appears to be a significant missed opportunity. Alameda initially invested $200,000 in Anysphere for about 5% ownership. Today, Anysphere (known as Cursor) is highly valued, with SpaceX having an agreement to potentially acquire the company for $60 billion later this year, or to form a partnership for $10 billion as it enters the AI coding tool market, potentially before going public. That original investment, worth just $200,000 at the time of sale, could now be worth billions of dollars.

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2026-04-22 09:21