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Bitcoin bounce lifts crypto stocks

Crypto stocks rose in early Friday trading, riding a rebound in the price of Bitcoin to more than $73,000.

Coinbase, Strategy, Circle, and MARA Holdings were among the biggest gainers of that cadre. Their end-of-the-week bounce might be getting a bit of extra oomph from the fact that companies have picked up a fair bit of interest from short sellers in 2026, as bitcoin fell about 15%.

Some of those shorts might be looking to quickly close out positions — which requires buying the stock — ahead of what could be another unpredictable weekend of war.

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SpaceX gets a wave of bullish ratings from Wall Street analysts

SpaceX received more than a dozen positive analyst calls on Tuesday — including from major Wall Street banks — as they initiate coverage on Elon Musk’s space and AI company.

SpaceX went public on June 12 at a $2.2 trillion valuation, the largest debut in history. While the company hasn’t yet posted a profit, it seems to have convinced Wall Street that it will get there and grow its valuation on the way.

Of the at least 17 analysts that gave a rating on Tuesday, all but one gave it a “buy” or “outperform” rating. MoffettNathanson was "neutral."

The ratings come as SpaceX joined the Nasdaq 100 index, a benchmark tech-heavy basket of companies that underpins millions of portfolios. The inclusion adds built-in demand for the stock from index funds and ETFs.

Still, SpaceX fell more than 5% on Tuesday amid a broader sell-off, and is currently effectively flat from its opening price of $150 a share.

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