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.
Pump.fun sold an additional 84,800 SOL today, pushing its cumulative sales past 4.82 million SOL.
2 minutes ago
Bank of America: AI-related financing volume hit $344 billion in 2026, far exceeding the full-year total for 2025.
2 minutes ago
Japanese bitcoin treasury firm Remixpoint has released its crypto operations performance announcement.
2 minutes ago
A crypto whale spent a total of $9.1 million over two months to buy 3.91 million LIT tokens.
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.
2 minutes ago
Ethereum OG whale 0x7378 spends $9.1M buying 3.91M $LIT over 2 months
2 minutes ago
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