Susquehanna flags SpaceX valuation risk despite $170 target

SpaceX stock has remained under pressure after Susquehanna initiated coverage with a $170 price target while warning that the company’s valuation depends on aggressive growth assumptions. Summary Susquehanna initiated SpaceX coverage with a neutral rating and a $170 price target. The brokerage warned that the stock’s valuation relies on aggressive revenue and EBITDA growth forecasts….

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ICE and OKX Form Joint Venture to Bridge Wall Street and Blockchain in Historic Tokenized Markets Deal

Intercontinental Exchange (ICE), the Fortune 500 company that owns the New York Stock Exchange, and OKX, one of the world’s largest cryptocurrency exchanges, have announced the formation of a landmark 50-50 joint venture aimed at building next-generation infrastructure for tokenized and digitally native financial products. The venture, to be called OKXICE, will be co-chaired by…

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