New details add background on Cursor developer Anysphere’s early funding and note that Alameda Research’s former 5% stake, sold during FTX bankruptcy, would now be worth about $3 billion.
SpaceX previously said on X that it reached a cooperation intent with Cursor that includes an option to acquire the AI coding startup later this year at a $60 billion valuation or, alternatively, to pay $10 billion to deepen the partnership. The new report adds that Cursor developer Anysphere raised a $400,000 pre-seed round in April 2022. It also states that Alameda Research’s 5% stake in Anysphere, which was sold during the FTX bankruptcy process at cost, would now be worth about $3 billion based on the cited valuation. The available information still reflects differing descriptions of the transaction, with earlier reporting referring to an agreed acquisition above $50 billion and SpaceX’s own statement describing an option-based cooperation framework instead of a finalized deal.