FTX Liquidators Sold Cursor Stake for $200K. SpaceX Now Offers $60B to Buy the CompanyIn April 2022, Cursor developer Anysphere completed a $400k Pre-Seed funding round, with Alameda investing $200k for approximately 5% of the shares. This equity stake was sold at the original price ($200k) during FTX's bankruptcy liquidation.Based on Cursor's current market valuation (which has exceeded $50 billion in recent funding negotiations), the equity stake could be worth billions of dollars. ...

🗞️ Need to catch up on the news? Here's our top 10 from today:🔸 President Trump says the US will extend its ceasefire with Iran at Pakistan's request, while keeping the military blockade in place until Iran presents a unified proposal.🔹 US lawmakers unveil the bipartisan PACE Act to create a national payments license for fintechs and crypto companies under OCC oversight.🔸 US Indo-Pacific Commander Admiral Samuel Paparo tells the Senate that “Bitcoin is a reality, it is a valuable computer science tool as a ...

SpaceX is going to be worth $10 trillion one day. https://t.co/1zyDAt338J ...

SpaceX is working with Cursor and has an option to buy the startup for $60 billion https://t.co/iR8k63hNlL ...

SpaceX said it has an agreement to either acquire AI coding startup Cursor for $60 billion later this year or pay $10 billion for its work together, as it works to catch up to rivals in AI coding https://t.co/ni6eORNPo4 ...

RT SpaceX (@SpaceX)SpaceXAI and @cursor_ai are now working closely together to create the world’s best coding and knowledge work AI.The combination of Cursor’s leading product and distribution to expert software engineers with SpaceX’s million H100 equivalent Colossus training supercomputer will allow us to build the world’s most useful models.Cursor has also given SpaceX the right to acquire Cursor later this year for $60 billion or pay $10 billion for our work together. ...

RT SpaceX (@SpaceX)SpaceXAI and @cursor_ai are now working closely together to create the world’s best coding and knowledge work AI.The combination of Cursor’s leading product and distribution to expert software engineers with SpaceX’s million H100 equivalent Colossus training supercomputer will allow us to build the world’s most useful models.Cursor has also given SpaceX the right to acquire Cursor later this year for $60 billion or pay $10 billion for our work together. ...

Splashdown confirmed. >> Just back from the far side of the moon, preparations are already underway for the next Aremis mission to take flight. >> Artemis 3, we are ready for bigger and better things.>> NASA unveiling the largest section of the AY's space launch system rocket that will take four astronauts and their Orion spacecraft into orbit for the Aremis 3 mission sometime in 2027. The goal to test docking with lunar landers made by private companies SpaceX and Blue Origin who are vying to be part of th ...

One of the advantages we've seen for and one of the drivers of companies going private or staying private longer we could talk about them reporting later has been you can focus more on medium to long term growth because it's all about growth in the equity part of the capital structure. You know, the continuous quarterly reporting does put a lot of pressure on management to be a little too short term focused. So that could be a healthy development time.But obviously capital markets are going to push back rea ...

🚨 SpaceX IPO filing: Musk to retain controlSpaceX plans a dual-class share structure, giving $TSLA CEO Elon Musk and insiders 10x voting power vs public investors.Target valuation: ~$1.75T with a $75B raise, potentially the largest IPO ever.Financials show $24.8B cash, $92B assets, with Starlink profits funding heavy AI spending (~$20B+ capex). ...