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Grant Cardone, CEO / Founder of Cardone Enterprises and Founder & CEO of Cardone Capital (real estate investment platform), announced the sale of his SpaceX holdings at $175. He questioned whether this was the right move and emphasized his preference for real estate investing. Cardone outlined his approach of buying property wisely, avoiding excessive leverage, holding for the long term, and refinancing every 7–10 years to avoid taxes on recapitalization. He invited others to learn more about his real estate strategy at an upcoming Saturday event.
Cardone has previously highlighted high-profile sales in the digital asset space, noting Michael Saylor’s sale of 32 BTC out of more than 843,000. He has also addressed recent Bitcoin movements, stating that an AI-driven Bitcoin selloff was not tied to business fundamentals. These comments reflect Cardone’s ongoing analysis of different investment strategies.