SpaceX joins the NASDAQ 100 just 15 trading days after its record-breaking IPO

The post Morgan Stanley backs SpaceX as Wall Street sees massive upside ahead appeared on BitcoinEthereumNews.com. Elon Musk’s SpaceX has secured fresh buy ratings from several major Wall Street banks, with Morgan Stanley assigning a base-case price target of $300 as the stock prepares to join the Nasdaq-100 Index. Summary Morgan Stanley leads fresh Wall Street buy calls with a $300 base-case and $600 bull-case target for SpaceX. JPMorgan estimates Nasdaq-100 inclusion could trigger about $4.3 billion in passive fund buying. SpaceX shares eased before the index debut despite bullish analyst ratings and strong institutional interest. According to research notes released by Morgan Stanley, Goldman Sachs, Citigroup, and other investment banks, analysts expect further gains for SpaceX despite the stock pulling back after its recent rally. The latest recommendations come just before the company enters the Nasdaq-100, an event that JPMorgan estimates could trigger about $4.3 billion in autom

Elon Musk’s SpaceX has secured fresh buy ratings from several major Wall Street banks, with Morgan Stanley assigning a base-case price target of $300 as the stock prepares to join the Nasdaq-100 Index. According to research notes released by Morgan…

The post SpaceX Nasdaq-100 Entry Brings Bitcoin Exposure To Passive Index Investors appeared on BitcoinEthereumNews.com. Today (July 7, 2026) SpaceX formally joins the Nasdaq-100 Index. The inclusion comes just weeks after the company’s public debut and follows its disclosure of 18,712 BTC on the balance sheet. JPMorgan estimates that index rebalancing will drive approximately $4.3 billion in passive inflows from Nasdaq-100-tracking funds and ETFs. This development is more than headline news. It creates a structural, rules-based channel for institutional capital to gain exposure to Bitcoin through a corporate treasury vehicle — without requiring active allocation decisions, new mandates, or direct cryptocurrency purchases.For corporate treasury teams, capital allocators, and institutional investors evaluating Bitcoin on balance sheets, the move provides a clear data point on how the strategy can intersect with mainstream equity infrastructure. The Mechanics of Structural Demand Passive

The post Bitcoin Sticks to $63,000 as John Bollinger Eyes a ‘Critical Point’ for BTC price appeared on BitcoinEthereumNews.com. Bitcoin (BTC) circled $63,000 after Tuesday’s Wall Street open as chip companies led a dip in US stocks. Key points: Bitcoin attempts to hold $63,000 after seeing its highest levels in two weeks. US stock markets see a correction on the day SpaceX joins the Nasdaq-100. Bollinger Bands creator John Bollinger continues to eye a long-term BTC price reversal. BTC price comes off two-week highs as US stocks fall Data from TradingView showed BTC price action cooling after a trip to $64,660 — its highest point since June 22. BTC/USD one-day chart. Source: Cointelegraph/TradingView BTC/USD surfed a comedown in US equities, with the S&P 500 and Nasdaq 100 down 0.6% and 2.1%, respectively, at the time of writing. Chip stocks led the sell-off, with Micron Technologies, whose earnings were highly anticipated last month, down over 9%. Micron Technologies stock one-hour cha

The post Analysts see more upside for SpaceX as post-IPO research begins appeared on BitcoinEthereumNews.com. Wall Street analysts have begun coverage of SpaceX (SPCX) following the expiration of the 25-day quiet period after the company’s June initial public offering (IPO), with nearly every major brokerage launching their coverage with a bullish rating. The aerospace and satellite company, which held 18,712 bitcoin BTC$63,942.17 as of March 31, went public in June, raising $75 billion in one of the year’s largest IPOs. Shares were priced at $135 in the offering. The stock was trading at $150.93 on Tuesday, down more than 6% from recent post-listing highs but still above its IPO price. The two lead underwriters, Goldman Sachs and Morgan Stanley, both initiated coverage with buy-equivalent ratings. Goldman analyst Eric Sheridan set a price target of $205, while Morgan Stanley’s Adam Jonas assigned a $300 target. They were joined by analysts at Bank of America, Citigroup, Deutsche Bank,

The post BlackRock (BLK) Launches Low-Cost IQQ ETF to Challenge Invesco’s QQQ Dominance appeared on BitcoinEthereumNews.com. Key Takeaways BlackRock debuts iShares Nasdaq 100 ETF (IQQ) on Thursday, July 9 The fund features a 0.10% expense ratio after fee waiver (through July 31, 2027), significantly below competitors Invesco’s dominant QQQ and QQQM funds hold over $500 billion combined, with fees at 0.18% and 0.15% respectively State Street’s QNDX also recently entered the Nasdaq-100 ETF arena BLK stock declined 0.4% in premarket session following the announcement; SpaceX (SPCX) recently became a Nasdaq-100 component BlackRock is making a bold move into one of Wall Street’s most lucrative ETF battlegrounds. The asset management titan will debut its iShares Nasdaq 100 ETF trading as IQQ on Thursday, July 9, mounting a direct challenge to Invesco’s decades-long dominance in Nasdaq-100 tracking funds. THERE WILL BE BLOOD: BlackRock and Stare Street have launched Nasdaq 100 ETFs. $IQQ and

The post Morgan Stanley Initiates SpaceX Coverage With Wall Street-High $300 Price Target appeared on BitcoinEthereumNews.com. Key highlights: Morgan Stanley initiated coverage of SpaceX (SPCX) with an Overweight rating and a $300 price target The target is among the highest on Wall Street and implies roughly 87%-90% upside from recent trading levels Analysts believe AI infrastructure, Starlink, and orbital computing could become major long-term revenue drivers Morgan Stanley has become one of the most bullish firms on Wall Street regarding SpaceX, launching coverage of the recently public company with an Overweight rating and a $300 price target. The target stands well above the stock’s recent trading price near $160 and is among the highest published forecasts for the aerospace and artificial intelligence company.  Morgan Stanley analyst Adam Jonas argues that investors are still underestimating the scale of SpaceX’s long-term opportunities beyond rockets and satellite internet.  AI

The post Wall Street analysts set SpaceX stock price target for 12 months appeared on BitcoinEthereumNews.com. As Space Exploration Technologies Corp. (NASDAQ:SPCX) shares traded in consolidation over the past two weeks, more than a dozen Wall Street analysts initiated coverage of SpaceX stock on July 7, 2027. On Tuesday, Brian Gesuale, an analyst at Raymond James, initiated coverage of SpaceX stock with a ‘Strong Buy’ rating. He also set his 12-month price target for SpaceX stock at $800, signaling a nearly 400% bull rally. Brian Dobson, an analyst at Clear Street, set a price target of $217 for SPCX stock. Jonathan Siegman, an analyst at Stifel Nicolaus, set his 12-month price target of $190 for SPCX stock. Ken Gawrelski, an analyst at Wells Fargo, set a 12-month price target of $230 for SPCX stock. John Goyn, a Wall Street analyst at Citigroup Inc. (NYSE: C), set a price target of $200. Adam Jonas, an analyst at Morgan Stanley (NYSE: MS), set a 12-month price target of $300. Eric Sh