Binance co-founder says exchange’s SpaceX stake is worth over $1 billion
Key points
- According to Invezz, Changpeng Zhao said Binance’s SpaceX holdings are worth more than $1 billion.
- The report says this raised questions about whether the shares could be used as emergency funding.
According to Invezz, Binance co-founder Changpeng Zhao said the exchange’s holdings in SpaceX are worth more than $1 billion. The report says that disclosure prompted questions about whether the shares could serve as a source of emergency funding. Invezz notes that the stake’s value was described by Zhao, but the preview text does not say whether Binance plans to sell any of the shares or give any timetable for doing so.
Original reporting
This page summarizes reporting by Invezz, originally published October 30, 2026 at 3:43 AM under the headline "Binance reveals a $1B SpaceX stake: what happens if it sells its stake?". All rights to the original article belong to Invezz.
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