CZ Tells Elon To Stop Trolling As Binance Reveals $1B SpaceX Stake In Rebuttal

• Binance founder CZ publicly called out Elon Musk for mocking the exchange following its $6.3 billion hack
• Musk replied with fire and laughing emojis and wrote “Everyday is Zeroday,” a reference to zero-day cybersecurity vulnerabilities
• CZ revealed Binance holds SpaceX shares worth over $1 billion, acquired via a $500 million contribution to Musk’s 2022 Twitter takeover
• Co-CEO Yi He confirmed company revenues for 2026 are sufficient to cover the ~$2 billion funding gap without selling the SpaceX stake

Elon Trolls CZ, Gets A $1 Billion Reminder

Binance founder and former CEO Changpeng Zhao (CZ) went public on X on October 30 to ask Elon Musk to stop making jokes about the Binance hack.

Loss might be a bit higher than that, but will cover. 🙏

— CZ 🔶 BNB (@cz_binance) October 29, 2026

The appeal came after Musk responded to news of the $6.3 billion breach with fire and laughing emojis, along with the comment “Everyday is Zeroday,” a jab at the cybersecurity vulnerability that allowed the attack. CZ, while noting his respect for Musk, drew a clear line at the public mockery. “Elon, have a lot of respect for you, but bad time to troll. Please stop,” Zhao wrote on X.

Do NOT click links in emails.
Do NOT download attachments.

Even from people you trust, they may unknowningly have a virus on their computer.

— CZ 🔶 BNB (@cz_binance) October 28, 2026

CZ Reveals Binance’s $1B+ SpaceX Stake

In his response, CZ disclosed a financial card the company had been holding quietly: Binance owns SpaceX shares acquired through a $500 million contribution it made to Musk’s 2022 Twitter acquisition. Those shares are now worth more than $1 billion.

“Our SPCX shares (from our $500m investment in your Twitter takeover) are worth more than a billion,” Zhao wrote, making clear that Binance has the financial depth to weather the hack without turning to Musk’s own company for support. He stressed he had not suggested selling the stake, and was sharing the figure solely to demonstrate resources.

$2 Billion Gap, But Binance Says It’s Manageable

CZ’s public accounting put the total breach at just over $6 billion, with roughly $3 billion frozen by stablecoin issuers. After accounting for SAFU reserves of more than $1 billion, the remaining exposure stood at approximately $2 billion, which CZ described as “manageable but painful.”

@cryptobball @elonmusk @HuaweiMate6 Rough math:

$6.x b hack,
$3b frozen,
$1.x b SAFU fund

Gap is about $2b, we have $1.x billion in SPCX alone.
Remaining gap is (still painful, but) manageable. 🙏

— CZ 🔶 BNB (@cz_binance) October 30, 2026

Co-CEO Yi He reinforced the message, stating that the company’s annual revenue is sufficient to cover losses without needing to liquidate the SpaceX position. Coinbase CEO Brian Armstrong separately offered the industry’s assistance.

@cz_binance @elonmusk @HuaweiMate6 Reporting to the major shareholder: Our company’s revenue for the year is sufficient to cover the losses, so we do not yet need to sell the SpaceX shares you are bullish on.💁‍♀️

— Yi He (@heyibinance) October 30, 2026

Nikita Bier, an executive at X (formerly Twitter), noted the gap between the scale of the alleged theft and Zhao’s reassurances.

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