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    Picture of Space Exploration Technologies logoSpace Exploration Technologies
    30/10/2026 10:41
    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." 

     (Reporting by Rajveer Singh Pardesi in Bengaluru; Editing by Joe Bavier)
     ((Rajveersingh.pardesi@thomsonreuters.com))

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