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Wall Street analysts collectively bullish on SpaceX, with a maximum target price of $800.
SpaceX IPO 25-day quiet period ends, Wall Street brokerages initiate coverage with buy ratings: Goldman Sachs $205, Morgan Stanley $300, Raymond James $800 target. The company went public in June at $135 per share, raising approximately $7.5 billion, and closed Tuesday at $150.93. Analysts are bullish on its diversified businesses including launch services, Starlink satellite broadband, and government contracts, calling it one of the most representative industrial infrastructure companies of the 21st century. Additionally, SpaceX held 18,712 BTC as of March 31.
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BTC2.01%
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Deep Tide TechFlow News: On July 07, according to an official tweet from Arcus, Robinhood Crypto has officially made a strategic investment in the decentralized exchange Arcus and added it to the Robinhood Chain ecosystem page. Arcus was built by the former dYdX team, and it has launched spot and perpetual contract trading (Beta version), supporting 0-fee, around-the-clock stock trading.
DYDX-0.89%
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Shenchao TechFlow message: On July 07, Bank of America Global Research initiated coverage on SpaceX (SPCX.O)$SPCX , giving a Buy rating; target price is $235. (Jinshi)
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Ondo Perps officially launched, becoming the first perpetual contract platform to support tokenized stocks as derivative margin.
Ondo Perps is now live and open to non-U.S. investors, the first perpetual contract platform that uses tokenized stocks and stablecoins as margin. Its advantages include tokenized stock collateral, deep liquidity with low slippage, and real-time execution with decentralization. Supports assets such as stocks, indices, and commodities, with leverage up to 20x and 24/7 trading. The underlying infrastructure is provided by Ondo Global Markets, with a total TVL exceeding $1 billion.
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ONDO0.33%
SPCX-6.06%
MU-8.59%
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U.S. stocks opened, crypto stocks fell broadly.
The Dow edged up 0.09% on the 7th, the S&P fell 0.22%, and the Nasdaq dropped 0.6%. Chip stocks continued to retreat, with SanDisk, Western Digital, Micron, etc., falling over 6%. SpaceX was formally included in the Nasdaq 100 index today. Multiple stocks showed divergent movements, with Strategy rising and many others falling.
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US500-0.69%
NAS100-2.07%
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Shenchao TechFlow news, July 7, according to The Information, sources revealed that Zhipu is evaluating the possibility of designing its own AI chips to address the rapid growth in demand for its GLM series open-source large models and the shortage of computing resources caused by US export restrictions. It has recently held preliminary discussions with some Chinese chip design companies to explore the collaborative development of a custom AI processor optimized for its model operation scenarios.
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EDX Markets completed a $76 million Series C funding round, led by SBI Holdings.
EDX Markets completed a $76 million Series C funding round led by SBI, to expand trading, clearing, settlement, and globalization. SBI continues to expand its digital asset footprint, including the yen stablecoin JPYSC and the US dollar stablecoins RLUSD and USDC in circulation in Japan. EDX also launched EDX FlowConnect and applied to the OCC to establish a regulated EDX Trust, offering digital asset custody, clearing, and settlement.
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USDC0.01%
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Deep Tide TechFlow News, July 7, according to PRNewswire, Nasdaq-listed bitcoin mining company and data center operator CleanSpark released its June 2026 operational data, disclosing that it mined 614 BTC during the month, sold approximately 429 BTC in total during the same period, and held a total of 13,924 bitcoins as of the end of June.
BTC2.01%
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Deep Tide TechFlow news: On July 07, “White-Haired Stock God” Serenity posted that Raymond James Financial first initiated coverage on SPCX and gave it a “Strong Buy” rating, with a target price set at $800—up sharply from the previous $160.
In response, Serenity said that this target price implies a SpaceX valuation of $10 trillion, adding that there was “nothing to say” about it, and joking that the so-called “institutional research report” aimed at retail investors already says everything by itself.
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Shenchao TechFlow message: On July 07, Peter Schiff posted that the Trump family has profited by billions of dollars from selling cryptocurrencies to the public and from selling stocks in companies related to Trump. However, he said their gains do not come from actual value creation, but from investors’ losses. He noted that most victims are inexperienced Trump loyalists who mistakenly treat the related products as legitimate investments. Schiff predicted that the Trump Organization will face a large number of lawsuits as victims seek to recover losses, and that the Democratic Party may use th
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Mantle's third tokenized stock, Bending Spoons (BSPx), is now officially live.
Mantle has launched BSPx tokenized stocks, issued by xStocks and traded on Fluxion. BSPx uses Atomic RFQ to anchor real-time quotes, while the AMM ensures post-close trading continuity, making it the third tokenized stock on Mantle to list following traditional listing rhythms. xPoints are now live, and Fluxion offers an additional 1 million points as a reward. Eligible BSPx trades can earn both xPoints and Fluxion rewards, covering the full range of assets.
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MNT-1.12%
SPCXX-5.86%
TSLAX-0.10%
NVDAX-1.46%
AAPLX0.12%
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Shenchao TechFlow news, July 07, according to Globenewswire, Nasdaq-listed RWA and stablecoin company Streamex announced that its board of directors has approved a stock buyback plan of up to $20 million, allowing the company to repurchase up to 10,000,000 shares of its common stock from time to time over the next 12 months, at a repurchase price of up to $2 per share.
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