SpaceX Stock Fell Below Its IPO Price, But Binance’s CZ Is Bullish
Binance founder CZ said SpaceX will be a strong long-term stock, while SpaceX shares closed just below their $135 June listing price. Binance holds over $1 billion in SpaceX stock, and CZ denied a threat to sell after users read his remarks that way. The story is mostly about sentiment around Binance's equity stake rather than a direct crypto market move.