CZ responds to allegations of pressuring Musk: Never threatened anyone; mentioning SpaceX stake was only to illustrate Binance's financial strength.

BlockBeats news, October 31 - In response to外界 interpreting his previous remarks about SpaceX shareholding as pressure on Musk, Binance founder CZ clarified in a post that he never said he intended to sell SpaceX shares, nor had any intention to threaten anyone.

CZ stated that mentioning Binance's holding of SpaceX shares was to address discussions comparing Binance with FTX and questioning its financial strength, to illustrate that Binance holds assets beyond crypto assets, and was not intended to pressure Musk. He emphasized that Binance's SpaceX shares are just "a drop in the ocean" compared to the other party's overall scale, impossible to constitute a threat, and believed that SpaceX will be a high-quality stock worth holding long-term.

Previously, CZ publicly stated that Binance invested $500 million when Musk acquired Twitter, and the current value of its SpaceX shares has exceeded $1 billion. In response to Musk's teasing, CZ once replied that he hoped the other party would offer some support during Binance's difficult times.