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SpaceX Surge Could Be Worth Billions for FTX—Will Creditors Benefit?

Published 06/17/2026, 21:25Source: DecryptRead original

Crypto Insight Summary: ]( English Sign Up * * * * * * $64,230.00 -2.20% $1,742.34 -2.79% $600.76 -0.89% $0.999844 0.01% $1.19 -2.54% $71.88 -2.55% $0.320144 1.24% $1.021 -1.35% $71.72 -1.63% $0.085904 -1.75% $0.999667 0.01% $0.01457577 3.06% $9.57 -1.73% $484.74 -3.49% $0.222483 1.31% $338.24 -3.83% $0.162442 -0.07% $53.06 -1.65% $0.166652 -4.06% $8.07 -2.82% $1.00 0.02% $0.999209 -0.01% $1.63 -1.71% $212.06 -4.76% $12.99 0.35% $2.91 -5.75% $0.08031 -1.16% $44.89 -1.80% $0.776654 -2.78% $1.13 0.00% $2.25 -3.67% $6.76 -2.04% $0.00000494 -0.93% $0.999838 -0.02% $0.999883 0.00% $0.059329 -1.33% $4,235.59 -1.76% $1.00 0.00% $244.37 -4.65% $0.646851 -3.18% $1.13 -0.70% $3.28 1.39% $0.061444 2.48% $4,246.80 -1.74% $0.711853 8.54% $0.541618 -2.81% $0.367252 -1.75% $1.004 -1.17% $1.00 0.01% $0.00000171 1.61% $73.25 -4.36% $0.9947 0.13% $0.130904 -3.48% $0.999141 0.00% $0.057866 1.00% $0.999172 0.01% $2.35 -0.80% $1.81 -1.25% $1.94 -0.10% $0.00000293 -1.16% $7.29 -1.51% $73.84 -3.38% $70.17 -1.39% $0.999799 0.03% $1.91 -4.22% $11.12 0.01% $107.07 0.00% $7.20 -0.34% $1.21 -0.93% $0.999908 0.04% $1.68 -3.61% $1.11 0.01% $0.0313652 -4.17% $0.096407 1.96% $0.092143 5.87% $0.819256 0.30% $0.076663 0.03% $0.03315317 -6.80% $15.88 2.5 1% $6.72 -2.09% $0.082761 1.54% $14.81 -20.03% $1.038 -0.00% $0.679543 0.96% $0.00755446 -2.46% $0.791848 -2.02% $0.187888 -2.06% $0.079599 -0.13% $0.99874 -0.01% $0.02998434 -1.14% $0.999661 -0.03% $0.665272 -0.58% $0.998928 0.01% $1.16 -0.94% $5.48 -3.22% $0.08552 -0.20% $0.01313647 -2.20% $0.00147077 -3.51% $0.999421 0.02% $0.03037611 -8.22% $0.99782 -0.01% $3.89 3.56% $115.60 0.01% $1.64 -37.12% $36.52 -2.37% $0.00853456 -1.76% $0.202245 -3.09% $1.91 -0.18% $1.37 -3.02% $0.464362 -1.73% $1.76 -1.61% $0.00690732 -3.89% $1.15 -0.92% $0.00502046 -3.84% $0.185104 -2.03% $0.449085 15.65% $0.00000467 -2.58% $0.00007302 0.21% $0.219526 -20.49% $0.604206 -3.99% $1.043 0.02% $0.891161 -5.51% $0.054799 -0.22% $0.394819 2.25% $0.190453 -0.84% $0.998116 0.05% $0.377283 10.35% $0.229129 -5.27% $0.04209424 -1.88% $0.698272 -13.08% $0.334802 -25.06% $0.0171421 1.62% $136.44 -2.57% $0.03950881 -0.32% $0.11763 -3.83% $0.111105 18.20% $104.99 -1.37% $0.453541 -1.19% $0.051325 7.55% $0.242414 -0.85% $0.00000027 -0.65% $0.00000026 -0.04% $0.074584 0.88% $67.99 -3.24% $1.02 -6.92% $0.02170964 -6.53% $0.00260674 -4.50% $0.00002592 -1.65% $0.999765 -0.04% $0.02392689 -2.03% $0.117777 -6.31% $1.44 3.61% $12.25 -2.70% $0.00490375 -0.04% $0.990737 -0.02% $15.93 -1.38% $0.0024744 -3.28% $0.276323 -0.59% $0.106649 -2.35% $0.229759 -4.71% $0.226303 -0.69% $0.00000108 -1.01% $0.03458943 -2.85% $0.0375782 -2.23% $1.00 0.11% $64.97 1.90% $0.076378 2.80% $0.745091 -6.58% $0.983087 0.00% $5.34 -1.40% $0.04752923 -0.99% $12.10 -2.78% $0.01948245 -1.91% $0.999566 0.02% $1.00 0.00% $0.061207 -3.25% $0.721071 5.23% $0.997548 -0.09% $1.11 0.02% $0.998926 0.04% $0.0000031 2.36% $2,192.92 0.36% $1.12 -0.45% $1.18 -5.82% $0.990684 -2.58% $2.02 -1.05% $1.087 0.01% $17.56 -1.09% $1.083 0.02% $0.402194 -2.05% $0.140503 -0.32% $0.167076 -1.80% $1.81 1.25% $0.613508 -1.52% $1.00 0.00% $0.161376 -0.56% $2.80 -4.55% $2.27 -1.24% $0.065733 -6.24% $0.995988 0.24% $0.349979 -3.58% $0.159039 -3.58% $0.00 403306 -1.53% $0.20463 -2.58% $0.998701 -0.03% $1.20 0.23% $9.69 -1.54% $1.00 0.00% $0.338194 -22.96% $0.418138 1.73% $0.420564 -3.26% $1.011 0.01% $0.052386 -1.92% $0.092255 1.44% $0.00126717 21.38% $1.15 -0.95% $0.999471 -0.02% $1.00 0.00% $0.069051 -0.43% $0.132845 -4.02% $93.21 -4.46% $0.130832 2.70% $0.585778 12.98% $1.98 -1.99% $0.00267667 -1.30% $0.102577 -0.53% $0.03387503 -0.45% $0.125193 -0.22% $0.01721496 -14.05% $0.129384 -1.21% $0.29252 -0.43% $1.025 -0.07% $0.246533 -2.52% $1.34 -3.81% $0.349879 0.42% $0.03210137 -0.54% $0.144071 -1.50% $0.999426 -0.02% $0.07351 0.53% $0.999424 0.04% $0.999361 -0.04% $81.15 1.62% $0.461351 16.96% $0.99745 -0.06% $1,100.95 0.13% $1.00 0.00% $0.468203 -2.38% $0.00000056 0.06% [Price data by](https://www.coingecko.com/?utm_source=decrypt-web&utm_medium=partnership&utm_campaign=coin_price_marquee_widget) * * * Reading ![Image 15: FTX founder Sam Bankman-Fried outside Manhattan federal court in July 2023. Photo: Decrypt/André Beganski]( SpaceX Surge Could Be Worth Billions for FTX—Will Creditors Benefit? * * * By Edited by Jun 17, 2026 Jun 17, 2026 4 min read FTX founder Sam Bankman-Fried outside Manhattan federal court in July 2023. * Some anticipate that SpaceX’s climb beyond $2.5 trillion in market cap could ultimately benefit Bankman-Fried’s victims via larger-than-expected payouts. As Elon Musk’s rocket-maker has soared far beyond its initial market valuation of $1.77 trillion, the firm’s Wall Street debut has lifted hopes among those tracking the exchange’s bankruptcy proceedings that creditors could walk away with more than previously anticipated. She cited from Kyle Schmidt, a creditor advocate known as “Mr. Purple,” who estimated that final distributions could total 171% of claims for customers who had claims above $50,000—a figure that reflects a surplus derived from the estate’s asset liquidations and accrued interest. “Schmidt suggests that one notable investment [...] is likely to yield significant proceeds this year,” Fried highlighted, referencing FTX’s SpaceX investment via venture firm K5 Global. Ray III, CEO of FTX’s recovery trust, a settlement with K5 Global that resolved a lawsuit the exchange had brought in June 2023. Crypto Insight Analysis: Direction: Neutral Impact: Minor Impact Horizon: Short-term (1-3 days) Reasoning: SpaceX's market surge may marginally benefit FTX creditors but has minimal direct impact on crypto markets.