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Bank of America reaffirms bullish stance on SpaceX, maintains $235 price target.

55 minutes ago

Bank of America reaffirmed its bullish outlook on SpaceX, retaining a $235 price target, representing an approximately 87.5% upside from the post-earnings reference share price of $125.33. The U.S. lender noted that SpaceX’s long-term value is no longer primarily underpinned by its traditional rocket launch business, but rather by its rapidly expanding AI computing power operations. Bank of America projects SpaceX’s AI business will generate around $24.5 billion in revenue in 2026, accounting for over half of its full-year total revenue forecast of $46.9 billion. It further forecasts the AI business will grow to $100.7 billion in 2027 and $184.8 billion in 2028. Meanwhile, the bank lifted its 2026 earnings per share (EPS) forecast for SpaceX from a $0.02 loss to a $0.91 profit, and revised its 2027 and 2028 EPS projections to $3.19 and $7.29 respectively.

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Pump.fun sold an additional 84,800 SOL today, pushing its cumulative sales past 4.82 million SOL.

According to monitoring by OnchainDataNerd, Pump.fun sold an additional 84,789 SOL today, valued at approximately $6.25 million. To date, Pump.fun has cumulatively sold 4,823,325 SOL, with a total value of around $807 million, at an average selling price of roughly $167.4.

2 minutes ago

Bank of America: AI-related financing volume hit $344 billion in 2026, far exceeding the full-year total for 2025.

According to data from BofA Global Research, AI-related financing has reached $344 billion since the start of 2026, far exceeding the full-year 2025 total of $136 billion, with AI infrastructure financing accelerating significantly. In terms of financing structure, U.S. hyperscale cloud providers contributed $157 billion, non-U.S. hyperscale cloud providers $62 billion, data center project financing $51 billion, Nvidia and SpaceX-related financing $50 billion, and chip sector financing $23 billion, including the senior debt portion of the $35 billion APCHIP transaction. AI financing has grown gradually over the past few years, picked up notably in 2025, and climbed further in 2026. Hyperscale cloud providers, chip manufacturers, and data center developers are locking in computing power and infrastructure capacity at an unprecedented scale. Overall, the expanding financing volume signals that AI infrastructure demand remains highly visible in the medium to long term, with capital continuing to flow into computing power, chips, data centers, and other segments of the AI industry chain. However, the final return on capital and project execution will determine whether this round of large-scale capital expenditure can be sustained.

2 minutes ago

Japanese bitcoin treasury firm Remixpoint has released its crypto operations performance announcement.

Japanese Bitcoin treasury firm Remixpoint has released its crypto operations performance announcement. As of July 31, 2026, the company’s Bitcoin lending principal stood at approximately 1,501.27 BTC, with cumulative borrowing fees earned between February and July totaling around 12.44 BTC (equivalent to roughly 133 million yen). Additionally, the firm holds staked ETH of roughly 901.45 ETH and staked SOL of approximately 13,920 SOL, with total related staking rewards amounting to about 28.89 million yen.

2 minutes ago

A crypto whale spent a total of $9.1 million over two months to buy 3.91 million LIT tokens.

According to Lookonchain monitoring, a whale with the address 0x7378 has been steadily buying LIT. Over the past two months, it has spent a total of $9.1 million to purchase 3.91 million LIT tokens, at an average price of $2.33 each.

2 minutes ago

Yesterday, U.S. spot Bitcoin ETFs posted a net inflow of $137.6 million, while U.S. spot Ethereum ETFs registered a net inflow of $92.1 million.

Yesterday, the total net inflow of Bitcoin spot ETFs stood at $137.6 million. Breakdown: BlackRock’s IBIT saw a net inflow of $128.3 million, MSBT posted a net inflow of $14.9 million, FBTC recorded a net inflow of $11.2 million; HODL reported a net outflow of $32.8 million, while GBTC notched a net inflow of $7.5 million. Ethereum spot ETFs posted a total net inflow of $92.1 million yesterday. Of this, BlackRock’s ETHA had a net inflow of $81.1 million, followed by net inflows of $4.5 million for ETH, $3.1 million for ETHE, and $1.4 million for FETH, with the remaining products seeing roughly flat fund flows.

2 minutes ago

Ethereum OG whale 0x7378 spends $9.1M buying 3.91M $LIT over 2 months

Ethereum OG whale 0x7378 keeps buying $LIT. Over the past 2 months, the whale has spent a total of $9.1M to buy 3.91M $LIT at an average price of $2.33.

2 minutes ago