With SpaceX's stock price soaring, FTX's investment return on SpaceX could reach billions of dollars Odaily Daily reported that creditors of the bankrupt cryptocurrency exchange FTX may benefit from SpaceX's IPO last week, which had a market value exceeding $2.5 trillion. Before the collapse of FTX in 2022, it had invested $190 million in SpaceX through a fund of venture capital firm K5 Global. Creditor representative Sunil Kavuri stated that based on SpaceX's current market value, FTX's investment exposure to SpaceX could be worth billions of dollars. Previously, John J. Ray III, CEO of FTX Recovery Trust, stated that the investment performance in collaboration with K5 Global will be a key driving force for asset recovery efforts.