According to monitoring by SolanaFloor, the official X accounts of SpaceXAI and Starlink were apparently compromised on July 13. They retweeted a Robinhood Chain meme coin associated with SpaceX; the related retweet has since been deleted. The coin’s market cap briefly surged to $2 million, after which the project creator pulled liquidity (Rug Pull).
SpaceXAI and Starlink Accounts Hacked, Retweeted a Robinhood Chain Meme Coin
According to SolanaFloor’s report, the development of this incident was as follows: hackers compromised the official X accounts of SpaceXAI and Starlink, using the trust endorsement of these accounts to promote a Robinhood Chain meme coin associated with SpaceX. The market, driven by the accounts’ perceived credibility, pushed the token’s market cap above $2 million in a short time. Afterwards, the project creator withdrew liquidity (Rug Pull), the token price collapsed, and the tokens held by buyers became nearly worthless.
The related retweet has already been deleted. SolanaFloor said in a post on X: “SpaceX’s official account reposted a Robinhood Chain token that appears to be associated with SpaceX. The token’s account may have been compromised.”
Robinhood Chain First-Week Data: Meme Coins Account for 75% of Trading Volume
According to the report, Robinhood Chain (launched on July 1, 2026) showed the following data after its first week:
Meme coin trading volume share: over 75% (first week)
Meme coin total market cap peak: over $244 million
TVL in the first 8 days: nearly $79 million
CASHCAT case: a trader reported turning a $316 investment via CASHCAT into about $2 million
CASHCAT’s Social Media Account Was Hacked Multiple Times and Was Reported to Be Linked to Phishing Activities
Robinhood Chain’s original design intent was to tokenize stocks and real-world assets, but at present, the market’s main interest is meme coin speculation. The report notes that TVL driven by meme coin speculation is fundamentally different from TVL anchored by tokenized U.S. Treasuries or regulated stock products, in terms of appeal to institutional investors.
FAQ
Has the hacking incident involving the X accounts of SpaceXAI and Starlink been confirmed?
According to SolanaFloor’s report, the accounts retweeted a token that appears to have been compromised, and the related retweet has been deleted. The accounts were labeled as “associated with SpaceX.” SolanaFloor’s wording is “may have been compromised,” and the incident’s nature should be based on the official SpaceX statement.
What is the purpose of Robinhood Chain’s design, and what is its actual usage like?
According to the report, Robinhood Chain launched on July 1, 2026, with the purpose of tokenizing stocks and real-world assets (RWA). During the launch period, Robinhood CEO Vlad Tenev’s active social media presence helped drive the meme coin craze. Currently, in the first week, over 75% of trading volume comes from meme coin speculation, which differs from the goal of tokenizing regulated financial products.
How has the CASHCAT token performed on Robinhood Chain?
According to the report, CASHCAT is one of the more well-known meme coins on Robinhood Chain. A trader reported that a $316 investment was converted into profits of about $2 million. However, the token’s social media account had been hacked multiple times and was reported to be related to phishing activities, creating security risks. The specific investment risks should be based on the latest alerts from official security organizations.
