FTX Sold Cursor Stake for $200K. SpaceX Now Has a $60 Billion Option to Buy It
Key Takeaways: The company has since become a central name in AI-powered software development. Anysphere raised $900 million in a funding round led by Thrive Capital, pushing its valuation to $9 billion. At that figure, the equity sold by the FTX estate would be worth an estimated $500 million. By April 2026, Cursor had surpassed one million daily active users and generated more than 150 million lines of enterprise code per day. The platform counts 67% of Fortune 500 companies among its clients and crossed $1 billion in annualized recurring revenue. Fundraising discussions in the days before the SpaceX announcement placed Anysphere’s valuation above $50 billion. On April 21, SpaceX and Anysphere announced a strategic partnership under which SpaceX secured an option to acquire the company outright for $60 billion, or pay $10 billion for joint development of coding AI models using its Colossus supercomputer. As Bitcoin.com News reported, the deal aims to pair Cursor’s AI-native code editor with SpaceX’s compute infrastructure to build what both companies described as “the world’s best coding and knowledge work AI.” Wu Blockchain flagged on April 22 that Alameda’s $200,000 stake was placed in April 2022, seven months before FTX’s collapse, and was subsequently sold at cost by the estate’s liquidators. For FTX creditors, the Anysphere disposal stands as one of the more notable missed opportunities of the bankruptcy process. The estate has conducted several distribution rounds with recoveries surpassing 100% in nominal dollar terms for many claimants. A $2.2 billion distribution approved in early 2026 targeted senior creditor classes. Whether the Anysphere sale will face any review in the ongoing proceedings has not been disclosed.How Far Cursor Has Traveled Since
The Cost of an Early Exit
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