Overview
- SpaceX said it secured rights to buy Cursor at a $60 billion valuation, turning the FTX estate’s 5% stake sold for $200,000 in 2023 into a roughly $3 billion what-if.
- FTX and Alameda’s roughly 8% Anthropic stake, sold in bankruptcy for about $1.3–$1.4 billion, would now be worth many billions more, with some reports placing it near $30 billion.
- Administrators auctioned large Solana holdings at about $64 per token while the market price later topped roughly $174, handing early buyers like Galaxy and Pantera big gains not captured for creditors.
- Analyses now peg the missed upside near $100–$114 billion, while reported recoveries vary by account, with figures cited around $8 billion from liquidations or about $18 billion returned to users.
- Restructuring leaders sold through 2023 and 2024 to cut risk and return cash, and many creditors received dollar payouts, yet the surge in asset values has revived complaints that the estate left vast gains on the table.