Did Binance make $660 million as a 'minor shareholder' of SpaceX? - In 2022, Elon Musk acquired Twitter for $44 billion and later rebranded it as X. Binance invested $500 million. - By 2025, xAI acquired X, with xAI valued at $80 billion and X at $33 billion. This investment turned into $375 million. - In February 2026, SpaceX acquired xAI, with SpaceX valued at $1 trillion and xAI at $250 billion. This investment turned into $830 million. - In 2026, SpaceX went public with an IPO valuation of $1.75 trillion. This investment turned into $1.16 billion, netting a profit of $660 million. @cz_binance @heyibinance @binance This is just an estimate and doesn’t account for factors like stock dilution.