SpaceX wants to buy Cursor for $50 BILLION.
FTX sold a stake in the same company for $200,000 during bankruptcy.
That's not a typo.
When FTX collapsed, liquidators were dumping assets fast. Alameda Research had a 5% stake in Anysphere the company behind Cursor, the AI coding tool taking over Silicon Valley.
They sold it. For $200K.
At a $50B valuation, that 5% stake would be worth $2.5 billion.
They sold it for two hundred thousand dollars.
This is the most painful liquidation story in crypto history and almost nobody is talking about it.
Cursor went from a niche developer tool to the AI product that SpaceX SpaceX wants to own at a price tag larger than most Fortune 500 acquisitions.
The timing is brutal. The irony is historic.
FTX didn't just blow up customer funds.
They sold the future at a garage sale price while the bankruptcy lawyers were counting pennies.
Meanwhile, Elon is reportedly ready to write a $50 billion check for what they threw away.
This is what happens when forced sellers meet generational assets.
The people who bought that stake for $200K are sitting on one of the greatest trades ever made.
And FTX creditors got cents on the dollar again.
The house always wins. Until it doesn't.