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Wedbush initiated coverage of SpaceX with an Outperform rating and a $190 price target, calling the company more of an artificial intelligence infrastructure play than a space business. Key Points Wedbush rates SpaceX Outperform with a $190 target, about 11% above Tuesday's close of $170.86. Analyst

SpaceX will join the Nasdaq-100 before markets open on Jul. 7, forcing passive funds to buy billions in shares just weeks after the largest IPO on record. Key Points: SpaceX joins the Nasdaq-100 before the open on Jul. 7, the fastest index inclusion on record. J.P. Morgan estimates roughly $4.3 bill

OpenAI is leaning toward postponing its long-anticipated initial public offering until 2027 as market volatility, heavy spending and investor concerns complicate its pursuit of a $1 trillion valuation. Key Points: OpenAI is reportedly considering delaying its IPO until next year or even 2027 despite

SpaceX shares have reversed roughly 31% from their record high, leaving investors weighing how much further the newly public stock could fall. Key Points: SpaceX has fallen about 31% from its record high of $225.64, reached Jun. 16. Musk's fortune dropped under $1 trillion to roughly $950 billion, e

Kalshi is discussing a new funding round that would value the U.S.-regulated prediction market platform at $40 billion. Key Points: Kalshi could close a new funding round as early as the third quarter of 2026. The talks follow a $1 billion Series F round that valued the company at $22 billion. The p