SpaceX Shares Slide 6% as Zhao Calls Stock 'One of the Best' and Musk Weighs Tesla Tie-Up -- BigGo Finance

SpaceX shares fell 6.37% on Oct. 30, closing at $134.72, after public comments by Binance co-founder Changpeng Zhao defended the stock and insisted he never intended to sell his holdings. Zhao said SpaceX was “one of the best” for long-term investors, responding to supporters who interpreted his earlier remarks as a threat. The clarification followed a $6.3 billion hack disclosed on Oct. 29 involving Binance, after which Elon Musk posted emojis on X that appeared to mock the exchange. Zhao said the intent was misread and that his request to Musk was to stop trolling while maintaining respect. Trading remained volatile, with late after-hours gains.