According to data from MSX.COM, SpaceX closed down more than 6.8% on Monday at $149.47, marking its lowest closing price since going public.

Odaily: SpaceX AI plans to launch a new model on the Cursor platform as early as Wednesday.

Odaily Planet Daily News: JPMorgan analyst Rajat Gupta stated that while a merger between Tesla and SpaceX "looks reasonable on paper," the current speculation surrounding the merger underestimates the potential obstacles hindering the deal. Gupta said that a merger would allow CEO Elon Musk to "combine the vision, mission, and engineering leadership of the two major platforms," adding that the two companies' shared AI ambitions could serve as "a potential strategic glue." Gupta noted that potential obstacles include multi-jurisdictional regulatory approvals, governance and voting rights symmetry, and the "perception that the merger would be an acquisition led by SPCX, rather than a merger of equals."

Gupta added that JPMorgan will monitor SPCX's acquisition currency, the regulatory landscape, and Musk's voting power in Tesla as catalysts signaling the potential merger is approaching. JPMorgan indicated that if a transaction occurs, the most likely structure would be SpaceX-led acquisition of Tesla in an all-stock deal. Gupta stated that this structure could best bridge the valuation gap and avoid a large cash outlay. Gupta rates Tesla as Neutral with a price target of $475.

According to Odaily, driven by the hype surrounding SpaceX’s initial public offering (IPO), the tokenized stock market hit a record high for trading activity in June, with on-chain transaction volume reaching $3.86 billion, a 145% increase from May. Among the trades, tokenized SpaceX stocks accounted for $1.19 billion, representing approximately 31% of the total tokenized stock volume in June. The SPCX token launched by Backpack Securities became the most actively traded tokenized SpaceX stock product, with a single-month on-chain trading volume of $1.08 billion.

Data indicates that this growth surge was primarily fueled by demand for SpaceX-related assets. Previously, SpaceX completed a $75 billion IPO, marking the largest IPO in history, and the company is valued at approximately $1.8 trillion on a fully diluted basis. Traditional popular assets such as Nvidia, Tesla, the S&P 500 ETF (SPY), and the Nasdaq 100 ETF (QQQ) remained actively traded, but none matched the market heat of tokenized SpaceX stocks. Additionally, the total market capitalization of the tokenized stock market rose to $1.53 billion in June, up 6.64% from the previous month, marking the 15th consecutive month of growth. (CoinDesk)

Odaily reported that Macquarie has initiated coverage on SpaceX (SPCX.O) with an Outperform rating and a target price of $250. (Jin Shi)

Odaily reports that as the 25-day quiet period following SpaceX's (SPCX) June IPO comes to an end, Wall Street analysts have begun releasing formal research reports. Multiple major brokerages have issued favorable ratings, indicating institutional investors remain optimistic about the company's long-term growth potential.

As IPO underwriters, both Goldman Sachs and Morgan Stanley have assigned buy-equivalent ratings to SpaceX. Goldman Sachs analyst Eric Sheridan set a price target of $205, while Morgan Stanley analyst Adam Jonas gave a target of $300. Additionally, institutions such as Bank of America, Citigroup, Deutsche Bank, JPMorgan, and UBS have also initiated coverage with buy or equivalent ratings. Among them, Raymond James Financial provided the most optimistic forecast; analyst Brian Gesuale initiated coverage of SpaceX with a "Strong Buy" rating and a price target as high as $800, believing SpaceX will become "one of the most representative industrial infrastructure companies of the 21st century."

Analysis suggests that market optimism towards SpaceX is primarily based on its布局 (layout/foundation) in areas such as rocket launches, Starlink satellite internet, and government contracts. At the same time, the company's communications business can provide a sustainable source of revenue and support future expansion of launch scale.

As of March 31, 2026, SpaceX holds 18,712 Bitcoins. Wall Street believes that the concentrated coverage following the end of the IPO quiet period provides a window for institutional investors to conduct their first systematic assessment of SpaceX's valuation. The fact that nearly all major institutions simultaneously issued positive ratings is relatively rare for large-scale IPOs. (CoinDesk)

Odaily reported that according to market sources, Bank of America has initiated coverage on SpaceX with a "Buy" rating and a price target of $235.

Odaily Planet Daily News: According to market sources, a lawsuit is asking a court to order SpaceX to shut down the gas turbines powering its Colossus 2 data center, on the grounds that it is operating without the required permits. The lawsuit could threaten part of SpaceX’s $45 billion contract with Anthropic. The lower court is likely to order the turbines shut down while permits are being obtained, but may also give SpaceX some time to comply.

Odaily reported that Serenity, known as the "White-Haired Stock God," stated that Raymond James Financial has initiated coverage of SPCX with a "Strong Buy" rating and a price target of $800, a significant increase from the previous $160.

In response, Serenity indicated that this price target implies a valuation of $10 trillion for SpaceX, and remarked that he is "speechless" about it, jokingly adding that the so-called "institutional research report" aimed at retail investors essentially speaks for itself in terms of its content.

Odaily Odaily报道，贝莱德周二表示，将推出一只追踪以科技股为主的纳斯达克 100 指数的 ETF，旨在满足投资者对参与 AI 驱动的股市上涨行情日益高涨的需求。这只由全球最大资产管理公司推出的“iShares 纳斯达克 100 ETF”将追踪这一美国旗舰指数，并于周四开始交易。

此前不久，纳斯达克修改了纳入标准，以加快将 SpaceX 等新上市企业纳入该指数的步伐。贝莱德的这只 ETF 将与景顺（Invesco）旗下的纳斯达克 100 相关产品展开竞争；景顺长期以来在这一领域占据主导地位，其 QQQ 信托系列 1 和纳斯达克 100 ETF 备受那些希望投资大盘成长股及科技股的投资者青睐。上个月，道富银行也推出了一只纳斯达克 100 ETF。(金十)

Odaily: Raymond James gives SpaceX a Strong Buy rating with a target price of $800

Odaily: Citigroup has initiated coverage on SpaceX (SPCX.O) with a Buy rating and a price target of $200.

Odaily reported that Morgan Stanley has initiated coverage on SpaceX (SPCX.US) with an Overweight rating and a price target of $300.

Odaily reported that Bernstein has initiated coverage on SpaceX (SPCX.US) with an "Outperform" rating and a price target of $239.