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CZ Rules Out Selling SpaceX (SPCX) Stake Worth Over $1 Billion

COINOTAG·October 31, 2026·1 min read
CZ Rules Out Selling SpaceX (SPCX) Stake Worth Over $1 Billion

Binance founder Changpeng Zhao denied plans to sell his SpaceX (SPCX) stake, worth over $1 billion, calling it a long-term hold. Shares closed below the $135 June IPO price. Zhao's statement comes amid market speculation about his investment strategy following the exchange's regulatory challenges.

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