Binance does not need to sell SpaceX shares to cover losses, co-founder says
Oct 30 (Reuters) - Binance does not need to sell its SpaceX shares because its annual revenue is enough to cover losses after hackers stole $6.3 billion from the crypto platform, co-founder Yi He said in a post on X on Friday.
Binance founder Changpeng Zhao had written on X in an earlier reply to SpaceX SPCX.O CEO Elon Musk that the platform held "$1.x billion in SpaceX alone."