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Binance co-founder urges Elon Musk for 'respect' after $6.3 billion bitcoin hack

CNBC reported Oct 30 that Binance co-founder Changpeng Zhao asked Elon Musk to stop 'trolling' after a $6.3 billion hack and cited Binance's $1 billion-plus SpaceX stake.

MarketAlleys Research Desk

Published · 3 min read

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Illustration for: Binance co-founder urges Elon Musk for 'respect' after $6.3 billion bitcoin hack
Illustration (AI-generated) — not a photograph of the events described.

What happened

CNBC reported Oct 30, 09:28 UTC that Binance co-founder Changpeng Zhao asked Elon Musk to stop 'trolling' after a $6.3 billion hack. The story said Zhao made the request in response to a post by Musk and pointed to Binance’s $1 billion-plus SpaceX stake.

CNBC's report focused on the exchange co-founder’s public appeal to Musk and the financial figures cited around the hack and Binance’s SpaceX holding.

Stocks market context

As of Oct 30, 18:31 UTC, Finnhub showed major US tech stocks lower: NVIDIA was $201.59 and fell 5.65% from the prior close; Apple was $343.13 and fell 1.66% from the prior close; Microsoft was $519.84 and fell 1.94% from the prior close. Amazon was $237.86 and fell 2.43% from the prior close; Alphabet was $278.06 and fell 2.03% from the prior close; Meta Platforms was $613.76 and fell 1.72% from the prior close; Tesla was $394.93 and fell 2.08% from the prior close; JPMorgan Chase was $335.81 and fell 2.26% from the prior close.

Instrument Last Change Basis As of Source
S&P 500 (via SPY ETF) $751.52 -2.32% vs prior close Oct 30, 18:30 UTC Finnhub
Nasdaq 100 (via QQQ ETF) $685.19 -4.21% vs prior close Oct 30, 18:30 UTC Finnhub
NVIDIA $201.59 -5.65% vs prior close Oct 30, 18:31 UTC Finnhub
Apple $343.13 -1.66% vs prior close Oct 30, 18:31 UTC Finnhub
Microsoft $519.84 -1.94% vs prior close Oct 30, 18:31 UTC Finnhub
Amazon $237.86 -2.43% vs prior close Oct 30, 18:31 UTC Finnhub
Alphabet $278.06 -2.03% vs prior close Oct 30, 18:31 UTC Finnhub
Meta Platforms $613.76 -1.72% vs prior close Oct 30, 18:31 UTC Finnhub
Tesla $394.93 -2.08% vs prior close Oct 30, 18:31 UTC Finnhub
JPMorgan Chase $335.81 -2.26% vs prior close Oct 30, 18:31 UTC Finnhub

Yahoo published 'Elon Musk Thinks Many Neoclouds Will Fail. Here's What AI Investors Should Do.' about Musk's views on neoclouds. Yahoo also published 'Elon Musk, crypto just placed huge midterm bets, and traders should pay attention.' CNBC ran 'Musk and Zuckerberg echo Trump's push to rebrand AI as 'super intelligence' on earnings calls.'

What to watch

BRK.A Q3 2026 earnings are scheduled Mon Nov 2 (time not confirmed), AES Q3 2026 earnings are scheduled Mon Nov 2 (time not confirmed), and MAR Q3 2026 earnings are scheduled Mon Nov 2 (before the open), all per finnhub.

  • Mon Nov 2 (time not confirmed) — BRK.A Q3 2026 earnings · EPS estimate 9253.77
  • Mon Nov 2 (time not confirmed) — AES Q3 2026 earnings · EPS estimate 0.74
  • Mon Nov 2 (before the open) — MAR Q3 2026 earnings · EPS estimate 2.87
  • Mon Nov 2 (before the open) — FOXA Q1 2027 earnings · EPS estimate 2.13
  • Mon Nov 2 (before the open) — ETR Q3 2026 earnings · EPS estimate 1.72
  • Mon Nov 2 (before the open) — EL Q1 2027 earnings · EPS estimate 0.52

Sources and data

  • CNBC (secondary source) — 'Bad time to troll': Binance cofounder Changpeng Zhao asks Elon Musk for 'respect' after post about bitcoin hack
  • Yahoo (secondary source) — Elon Musk Thinks Many Neoclouds Will Fail. Here's What AI Investors Should Do.
  • Finnhub (market data) — market data

Market data as of Oct 30, 18:31 UTC; report generated Oct 30, 18:31 UTC. All times are UTC. Each table row shows its own timestamp and provider.

This report was produced by the MarketAlleys Research Desk using automated data processing and language tools from the sources listed above, and checked against our automated-content validation rules. It is for information only and is not investment advice.

Terms in this article

Sources & data

  1. CNBC (secondary, retrieved Oct 30, 2026, 06:33 PM UTC)
  2. Yahoo (secondary, retrieved Oct 30, 2026, 06:33 PM UTC)
  3. Finnhub (market-data, retrieved Oct 30, 2026, 06:33 PM UTC)

Market data as of Oct 30, 2026, 06:31 PM UTC.

This report was produced by the MarketAlleys Research Desk using automated data processing and language tools, built only from the cited sources and validated by rules described in our methodology. Spot an error? Request a correction.

Ask about this story

Questions are answered only from this article and the sources it cites.

MarketAlleys provides news and analysis for information only; it is not investment advice or a recommendation to buy or sell any security. Markets involve risk. Risk disclaimer.

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