Wall Street Launches Overwhelmingly Bullish Coverage of SpaceX Post-IPO, With Price Targets Up to $800

Major Wall Street brokerages have initiated coverage of SpaceX following the expiration of the 25-day quiet period after the company’s June initial public offering, with nearly every major bank launching their research with bullish ratings. The aerospace and satellite company raised $75 billion in one of the year’s largest IPOs, pricing shares at $135 in…

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Wall Street Advisers Shift Focus to Stablecoins and Tokenization Over Bitcoin

Financial advisers at major institutions are increasingly prioritizing stablecoins and tokenization over Bitcoin, according to Bitwise investment chief Matt Hougan. The shift signals a potential new catalyst for crypto market growth as institutional interest moves toward real-world blockchain applications rather than pure digital assets. Hougan revealed in a Wednesday note that he recently engaged with…

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