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SpaceX stock rallies 14% as lockup fears fade

SpaceX stock surged 14% on Friday after an analyst upgrade, softer U.S. jobs data, and limited insider selling eased pressure on the recently listed company. Summary SPCX climbed 14.09% to $131.06, extending its rebound from an August low near $105. Argus upgraded SpaceX to Buy and maintained a $160 price target. Up to 911.5 million…

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CLARITY Act vote delayed to September, Bitwise warns

The CLARITY Act’s delay until September could briefly pressure crypto prices before removing a major source of uncertainty, according to Bitwise CIO Matt Hougan. Summary Senate leaders delayed the CLARITY Act vote until September after bipartisan negotiations failed to produce an agreement. Bitwise CIO Matt Hougan expects crypto markets to “wobble for a minute” as…

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