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Cloud Crypto
2026-06-19
FTX Creditors Could See 171% Recovery Thanks to SpaceX Valuation
In a surprising turn, FTX creditors are now projected to recover up to 171% of their claims, significantly exceeding previous expectations. This favorable outcome is largely attributed to FTX's indirect investment in SpaceX, whose post-IPO valuation has reportedly surpassed $2.5 trillion.