SpaceX (NASDAQ:SPCX – Get Free Report) shares rose 5.7% on Monday after Phillip Securities upgraded the stock to a strong sell rating. Get SpaceX alerts:View Our Latest Stock Analysis on SpaceXSpaceX News RoundupPositive Sentiment: SpaceX reported second-quarter revenue of $7.81 billion, up 91.9% year over year and ahead of analyst expectations. SpaceX revenue targetsManagement outlined aggressive long-term targets, including a $100 billion annualized revenue run rate by December and $1 trillion in annual revenue by 2030. Negative Sentiment: SpaceX also disclosed an unrealized $540 million loss on its Bitcoin holdings, adding to investor concerns about cash deployment and financial volatility. SpaceX Company Profile(Get Free Report)SpaceX, or Space Exploration Technologies Corp., is an American aerospace company focused on the design, manufacture and launch of advanced rockets and spacecraft.