Citi Sets $900 Bull-Case Target for SpaceX Shares
A $900 share price would value SpaceX above current private-market marks, with Citi's bull case leaning on Starlink scaling and the launch cadence.
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A $900 share price would value SpaceX above current private-market marks, with Citi's bull case leaning on Starlink scaling and the launch cadence.
The bank scrapped its inflow forecasts entirely, modelling zero net ETF demand over the next 12 months as $4B in June outflows and stalled legislation remove the market's main institutional bid.
The bank also zeroed its 12-month ETF inflow forecast, citing $3.3B in year-to-date Bitcoin ETF outflows and a stalled U.S. crypto legislative agenda.
The cut lands as spot BTC ETF flows turn negative and a major Wall Street desk openly resets its base case lower, a rare public downward revision from a top-tier bank.
Citigroup enters RWA tokenization at the institutional end of the market — targeting private-company depositary receipts for foreign investors first, with public-company access on the roadmap.
The product adapts a 100-year-old instrument for blockchain rails and debuts with a Citi Ventures-backed tokenization firm — the structural step is moving private equity onto institutional balance…
The bank argues spot ETF flows — not corporate treasury desks — explain roughly 45% of weekly BTC price action, and with flows turning negative and a US market-structure bill fading, the bid has gone…
A top Wall Street bank's base case puts tokenized real-world assets on a path to grow roughly 320x in five years, with stablecoin issuers alone soaking up $1T of U.S. Treasury demand.
Citi analysts have set a high bar for a repeat of 1970s-style oil shock conditions: the Strait of Hormuz would need to…
The warning lands as recent breakthroughs shorten the timeline to a machine capable of breaking Bitcoin's elliptic-curve cryptography — a risk Citi says is concentrated in Bitcoin and a handful of…