SpaceX Stock Falls 6.37% Amid CZ's Defensive Remarks
Changpeng Zhao defends SpaceX stock as a long-term investment despite recent price decline.
Changpeng Zhao defends SpaceX stock as a long-term investment despite recent price decline. This is an original Token Times brief synthesising 2 outlets (The Coin Republic, Blockonomi), plus live market data, as of Sun, 01 Nov 2026 12:15:01 UTC.
The development highlights the ongoing public discourse between major crypto figures and traditional market assets, potentially influencing investor sentiment.
- SpaceX stock closed 6.37% lower on October 30.
- CZ called SpaceX 'one of the best stocks' for long-term investment.
- CZ denies suggesting selling SpaceX stock amid dispute with Elon Musk.
The Coin Republic reports that SpaceX stock experienced a 6.37% decline on October 30. Changpeng Zhao defended the stock, calling it 'one of the best' for long-term investment and clarifying that he never suggested selling it. This comes amid his public dispute with Elon Musk, with CZ urging supporters not to misconstrue his comments as threats.
On October 30, SpaceX stock closed 6.37% lower, according to The Coin Republic. The decline occurred amid ongoing public discourse involving major crypto figures.
Changpeng Zhao, despite his dispute with Elon Musk, defended SpaceX stock, calling it 'one of the best' for long-term investment. He emphasized that he never suggested selling the stock.
CZ's remarks come in the context of his public disagreement with Elon Musk, with CZ urging his supporters to avoid portraying his comments as threats.
The broader market remains relatively flat, with the total crypto market cap at $2.68 trillion. 
Bitcoin has seen a modest 24-hour increase of 0.43%, while the Fear & Greed index stands at 34, indicating a 'Fear' sentiment.
SpaceX Stock Falls 6.37% Amid CZ's Defensive Remarks — questions & answers
Why did CZ defend SpaceX stock?
CZ defended SpaceX stock amid his public dispute with Elon Musk, calling it a strong long-term investment.
What was the decline in SpaceX stock?
SpaceX stock closed 6.37% lower on October 30.
How is the broader market performing?
The total crypto market cap is $2.68 trillion, with Bitcoin up 0.43% in the last 24 hours.
Which outlets reported this story?
This is an original Token Times brief that synthesises reporting from The Coin Republic, Blockonomi, with the key figures cross-checked for agreement across them. It is not a copy of any one article — follow the source links above for the original reporting.
Original summary — not financial advice. This is an original Token Times brief that summarises a development reported elsewhere and adds live market data for context; it is not the original article and reproduces no part of it. Follow the source link above for full details. Crypto is volatile and high-risk — always do your own research.