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Binance says no need to sell SpaceX shares

Original: Binance does not need to sell SpaceX shares to cover losses, co-founder says

Binance co-founder said the crypto exchange does not need to sell its stake in SpaceX to cover losses. The statement addresses speculation about the company's finances and whether it would offload holdings in Elon Musk's space company. The exact circumstances prompting the comment and the size of Binance's stake remain unclear.

Why now: Remarks from a Binance co-founder are being reported amid ongoing interest in the crypto exchange's financial position.

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