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EVENT / TOPICHistorical

CZ Bullish on SpaceX Stock Despite Price Drop Below IPO

1 reports1 sources10/31/2026 updated

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Binance founder CZ expressed bullish sentiment on SpaceX stock despite its price falling below the IPO price, stating he holds over $1 billion worth of shares and views it as a long-term quality asset. This comes amid analyst predictions of significant upside but a looming large-scale share unlock on December 8. CZ's comments contrast with broader market concerns regarding the stock's recent performance.

Written with AI from the reporting · updated 10/31/2026

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  1. 1Unclassified fact stationNov 1, 00:00recorded Nov 1, 05:59single source

    CZ称SpaceX股票将是长期持有好股票

    Read original source ↗ BeInCryptoReplay this moment in the explorer
    Evidence & revisions · 1 source records
    Subject:
    cz
    Action:
    发表看涨言论
    Object:
    SpaceX股票
    Occurred (fact side):
    Nov 1, 00:00
    BeInCrypto ↗Report pageOriginal / first version
    Published (valid side):
    Nov 1, 05:30
    First seen (known side):
    Nov 1, 05:59
    Fact stationSingle source · one-sided claim

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Nov 1
  1. BeInCryptoRelated fact: single source
    Binance's CZ bullish on SpaceX despite stock falling below IPO price

    Report first recorded Nov 1, 05:59

    SpaceX shares closed at $134.72 on Friday, slightly below the $135 IPO price set in June. Binance founder Changpeng Zhao stated the stock will be one of the best to hold for years, while analysts tracked by TipRanks see 86% upside with an average target of $250.34. However, options traders are pricing in a 14% swing by mid-December, with a potential range of $117 to $155, as $1 billion in insider shares become eligible for sale on December 8.

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