Arete initiated coverage of SpaceX with a 'Buy' rating and a $401 price target, highlighting the growth potential from Starlink V3 satellites expanding suburban broadband markets. Analysts praise SpaceX's engineering approach and its leadership in space transport, connectivity, and AI. Gabelli Funds also sees SpaceX as a top growth stock, noting Starlink's $7.5 billion EBITDA and high margins. Some forecasts, like Aitken Mount Capital Partners, are even more bullish, projecting a $500 target, driven by limited share float and insider confidence. Key upcoming events include SpaceX's first earnings report on August 11, which could influence insider selling and stock momentum.
YieldMax ETFs introduced the YieldMax SPCX Option Income Strategy ETF (YSPC), which aims to generate income through options-based strategies linked to Space Exploration Technologies Corp. (SpaceX). The fund does not invest directly in SpaceX but uses...
Last week, leveraged ETFs linked to Alibaba, Meta, Broadcom, and Nvidia delivered strong gains ranging from 17% to over 34%. Alibaba-focused ETFs led with over 34% returns, driven by positive earnings previews, AI revenue growth, and share buybacks. ...
The WisdomTree Space Economy Fund (WSPC), a new actively managed ETF, launched recently to offer investors exposure to the growing space economy. It includes about 50 stocks, with a 14.19% allocation to SpaceX, and focuses on communication services a...
Frontier Airlines announced it will introduce Starlink satellite internet on its flights starting early 2027, marking its first in-flight Wi-Fi service. This move aligns Frontier with other major airlines like United and American that have partnered ...
SpaceX's market value plummeted by about $1.2 trillion within a month after its June 2026 IPO, falling from nearly $2.9 trillion to around $1.83 trillion. The sharp decline follows investor concerns over the company's high valuation despite strong re...
