Veytics Intelligence
2026-11-12 · Yahoo

Binance founder CZ says crypto exchange didn't sell any SpaceX stock amid hack

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Binance founder Changpeng Zhou has no beef with fellow crypto-loving billionaire and Tesla (TSLA) and SpaceX (SPCX) CEO Elon Musk. "I am still very friendly with Elon. I don't think he has any hostility towards me," Zhou, known as "CZ" in the crypto community, said at Yahoo Finance Invest. The two got into a public spat on X after hackers stole an estimated $6.3 billion from the crypto exchange on Oct. 29. The following day, Musk responded to posts questioning Binance's ability to cover customer losses with mocking emojis. "Bad time to troll. Please stop," CZ fired back, reminding Musk that Binance's $500 million investment in his 2022 Twitter takeover is now worth more than $1 billion through its SpaceX stake.

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