$SPCX - DAN IVES BETS BIG ON SPACEX AS HE LEAVES WEDBUSH Dan Ives ended his eight-year tenure at Wedbush by launching coverage of SpaceX with an Outperform rating and $190 price target. He sees SpaceX evolving into a leading AI infrastructure company, driven by its launch business, Starlink, and data centers. Ives also announced plans to launch a new AI-focused merchant bank combining research, advisory, investing, and capital raising. *Walter Bloomberg (@DeItaone) / Twitter 07-02 21:56
Prolific tech analyst Dan Ives is exiting Wedbush for a new venture CNBC.com - Stock Market Headlines 07-02 04:12
$SPCX - WEDBUSH SEES SPACEX AS AI HYPERSCALER Wedbush initiated coverage of SpaceX with an Outperform rating and a $190 price target. The firm sees SpaceX evolving into a major AI hyperscaler, driven by Starlink, Starship, and AI infrastructure. It also believes Starlink's global broadband opportunity remains in its early stages, supporting significant long-term growth. *Walter Bloomberg (@DeItaone) / Twitter 07-01 20:30
Wedbush starts SpaceX at Outperform, sees company becoming major hyperscaler Stock Market News 07-01 19:57
$SPCX - SPACEX: THE NEXT AI INFRASTRUCTURE GIANT Wedbush initiated coverage of SpaceX with an Outperform rating and a $190 price target. The firm sees SpaceX evolving into a major hyperscaler, powered by its integrated ecosystem of Starlink, Starship, and AI infrastructure. Wedbush also believes Starlink is still early in its global broadband expansion, leaving significant long-term growth potential. *Walter Bloomberg (@DeItaone) / Twitter 07-01 19:37