PANews, June 18 – According to Decrypt, FTX’s bankruptcy estate is receiving a boost from SpaceX’s post-IPO market valuation surpassing $2.5 trillion, due to an earlier indirect investment in SpaceX through K5 Global. FTX creditor representative “Mr. Purple” estimates that clients with claims above $50,000 may ultimately recover up to 171% of their claim amount, higher than previously expected, with approximately $10.3 billion already distributed. The FTX bankruptcy team and K5 Global reached a settlement in 2024 to collaboratively maximize the monetization of related interests. UK investor Sunil Kavuri stated that the strong performance of the SpaceX investment could become a significant source of additional distributions for FTX creditors.