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CZ clarifies SPCX stake remarks

Story timeline · 2 updates, 31 Oct 2026

CZ said he cited Binance's SPCX holding only to show it owns assets beyond crypto after comparisons with FTX, and that he never planned to sell. He now says his remarks about Musk were over-interpreted and that he never threatens people.

Every update, oldest first

  1. CZ says he never planned to sell SPCX shares and sees them as a long-term hold

    CZ said on X that he never said he would sell SPCX stock, having cited the holding to show Binance owns assets beyond crypto after posts compared it with FTX. He called SPCX a quality long-term holding and urged against framing the matter as a confrontation.

    MacroOdailyAIBullish

  2. CZ says he did not use money to threaten Musk, citing SPCX stake

    Binance founder CZ said his remarks about Musk were over-interpreted and that he cited holding SPCX shares only to show Binance holds assets beyond cryptocurrency after a comparison with FTX. He said he never threatens people and called the holding a drop in the bucket.

    AltcoinsPANewsAINeutral

Every update is a short rewrite, by AI in our own words, of a flash from the outlet named on it, credited and linked. Updates are joined into one story by AI; our editors can change a story’s name or take an update out. Not investment advice.