Binance Confirms $6.4 B Hack, CZ Urges Elon Musk to Stop Mocking After SpaceX Shares Mentioned

Binance announced on October 30 2026 that it had suffered a $6.4 billion hack, the largest in history, and that the incident was attributed by TRM Labs and Chainalysis to the North Korea‑linked hacking group TraderTraitor. In response to Elon Musk’s public mockery of the exchange, Binance co‑founder Changpeng Zhao (CZ) posted on X that Binance holds more than $1 billion in SpaceX shares from a $500 million investment in Musk’s Twitter takeover, and urged Musk to stop trolling. Binance’s co‑CEO Yi He clarified that the company’s annual revenue is sufficient to cover the losses and that it does not need to sell its SpaceX holdings. CZ later clarified that he had never suggested selling the shares, merely showing Musk the funds available to reassure him about Binance’s financial position.