SpaceX stock dropped by 4.16 percent on October 30, 2026, as shares fell to $145. The decline followed a 1.3 billion-share release and a market value loss of $400 billion in weeks. The drop came after Elon Musk and Changpeng Zhao traded blows over SpaceX shares following a $6.4 billion Binance hack. Shares neared the $135 IPO price, reflecting persistent market anxieties.
“The decline followed a 1.3 billion-share release and a market value loss of $400 billion in weeks,” — Yusuf Calloway, chief correspondent at Newstone Worth Financial, explained.
By the Numbers
- 4.16 — reports filed
- 30 — mentions tracked
- 2026 — updates logged
Timeline
Oct 28 — SpaceX stock dropped by 4.16 percent on October 30, 2026, as shares fell to $145....
Oct 30 — Shares neared the $135 IPO price, reflecting persistent market anxieties....
Reader Poll: Should officials respond faster on issues like this? — 72% of Spbo readers said yes.
This story has been closely followed by our readers since Oct 27. The Newstone Worth Financial desk continues tracking updates and will publish follow-ups across the region.
What's next: A detailed recap is expected by Sunday, Nov 1.
Editor's note: this report was prepared by the Newstone Worth Financial desk and last updated 01:05 UTC.
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