CZ Hints at SpaceX Stake After Binance Loses Billions to Hack

Hackers drained more than $6 billion worth of crypto from Binance wallets overnight. Changpeng Zhao said roughly $3 billion has already been frozen and another $1 billion sits in the SAFU reserve, leaving an estimated $2 billion gap.

After Elon Musk replied with an emoji to an old Sam Bankman-Fried post, Zhao posted that the exchange still holds SPCX shares — its $500 million bet on Twitter — now valued above $1 billion, and asked Musk to show support instead of trolling.

Co-founder Yi He noted that Binance’s annual revenue is sufficient to absorb the loss and there is no need to sell SpaceX shares. Zhao quickly clarified he was only pointing to available reserves, not announcing a sale.

Musk stayed silent on the hack itself but commented on the attackers’ method: they posted USDT as collateral on Aave to borrow ETH while Tether froze only the tokens left in the wallet. He predicted AI agents will soon run similar plays for their own gain.

Based on information from cryptonews.net