In Mobee's Asset Picks, we highlight assets based on recent market developments, asset momentum, and ongoing catalysts. The focus is not on determining which assets will rise, but rather on helping you understand why these assets are currently gaining so much attention.
Last updated: August 10, 2026
For this edition, the two assets in the spotlight are Tether Gold (XAUt) and SpaceX (SPCXON).
Both come from two very different themes. XAUt is gaining momentum from the rise in gold prices and global macroeconomic uncertainty, while SpaceX is in a critical period following its IPO and its first financial report as a public company.
Hot Asset #1: Tether Gold (XAUt)
XAUt is one of Mobee's Asset Picks because gold prices have strengthened sharply as investors face a weakening US labor market and await the next inflation data.
On the morning of August 10, 2026, the price of XAUt was around US$4,300 per token. CoinGecko notes that XAUt has risen by approximately 6.4% over the past seven days and about 26.9% over the past year. Its market capitalization is around US$2.64 billion.
The movement is quite noticeable when compared to the beginning of the month. XAUt closed at around US$4,048 on August 3, then rose to around US$4,330 on August 7. In other words, the price increased by about 7% in just a few days before entering a consolidation phase above US$4,300.
Why is XAUt attracting attention?
One of the main factors is that global gold prices are strengthening again.
In Asian trading on August 10, spot gold was around US$4,339 per troy ounce and briefly moved up to around US$4,355. Weak US labor data has helped pressure the dollar and support demand for precious metals, although persistently high bond yields remain a risk for gold.
This momentum emerged after the US employment report showed Nonfarm Payrolls fell by 23,000 jobs in July. The market is now shifting its focus to the US CPI, which will be a key indicator for assessing the Federal Reserve's policy direction.
This means XAUt is currently at the intersection of several major themes: gold, inflation, interest rates, the US dollar, and economic uncertainty.
What exactly do you own when you buy XAUt?
XAUt is not just a token created to synthetically track the price of gold.
According to Tether, one XAUt represents ownership of an undivided specific interest in one fine troy ounce of gold sourced from specific gold bars that meet the London Good Delivery quality standards set by the London Bullion Market Association (LBMA).
The gold backing XAUt is stored in vaults in Switzerland. Each gold allocation can be identified through information such as bar serial number, weight, and purity level, which can be tracked via the Look-up Website feature provided by Tether.
Tether also provides independently reviewed gold reserve reports to demonstrate the backing of XAUt.
With this structure, XAUt brings exposure to physical gold into a blockchain-based asset format.
Why is XAUt a Hot Asset this week?
There are three data points that make XAUt relevant to highlight in this edition:
The price of XAUt rose by approximately 6.4% over the past seven days.
Spot gold is back above US$4,300 per troy ounce.
The market is awaiting US CPI data following weaker labor market figures, so gold volatility still has the potential to increase.
So, the reason XAUt is a Hot Asset is not just because "gold is a defensive asset," but because current prices and macroeconomic conditions are indeed bringing gold back to the center of market attention.
Hot Asset #2: SpaceX (SPCXON)
If XAUt carries the gold theme, SpaceX is in the spotlight from the perspective of technology, the US stock market, and real-world asset tokenization.
SpaceX just debuted on the Nasdaq on June 12, 2026 with the ticker symbol SPCX. Nasdaq recorded that the IPO raised approximately US$75 billion, or nearly US$86 billion once all underwriter over-allotment options are exercised, with a market capitalization at listing of approximately US$2 trillion.
At Mobee, exposure to these shares is available through tokenized stocks, which now use the ticker SPCXON. This asset was previously introduced as SPCXX, with the ticker subsequently changed on July 17, 2026.
Why is SpaceX attracting so much attention?
The biggest reason is that SpaceX has just entered one of the most critical periods since its IPO: its first quarterly financial report as a public company.
In its Q2 2026 report, SpaceX posted revenue of approximately US$7.8 billion, up 92% compared to the same period last year. The company also reported growth in its Connectivity business, which includes Starlink, of 66% in revenue and 79% in income from operations year-over-year.
SpaceX also stated that it has secured US$14.1 billion in contracted sales from a number of Cloud Services Agreements as well as more than US$6 billion multi-year US government contract for Starshield.
These figures show that SpaceX is about more than just rockets. The company now has increasingly broad exposure to space infrastructure, Starlink/connectivity, government contracts, cloud, and AI. SpaceX describes its own business as integrated infrastructure in the fields of space, connectivity, and AI.
SpaceX stock is also highly volatile
The movement of its share price is an additional reason why this asset deserves to be a Hot Asset.
SpaceX stock closed at US$133.11 on Friday, August 7, surging 15.83% in just one session from the previous close of US$114.92. Trading volume for the day reached approximately 242 million shares.
Since its IPO, its trading range has also been very wide. SpaceX investor relations data records the highest price since listing at US$225.64, while its lowest point was around US$104.83.
For comparison, SpaceX's IPO offering price was US$135 per share.
So, at the close on August 7, SpaceX shares were back very close to their IPO price after previously soaring well above US$200.
Movements like this demonstrate high market interest while serving as a reminder that the potential for volatility in SpaceX remains very high.
How does SPCXON provide exposure to SpaceX?
SPCXON is a tokenized stock that provides economic exposure to SpaceX shares through Ondo Global Markets. The asset is designed to mirror the economic performance of its underlying stock, including dividend reinvestment where applicable.
Ondo describes its tokenized stock platform as infrastructure for providing on-chain exposure to publicly traded US stocks and ETFs.
This is what makes SpaceX attractive from Mobee's perspective: not only because SPCX shares are being actively traded, but also because investors can access this US stock theme through a tokenized format.
Why is SpaceX a Hot Asset this week?
There are four key figures that explain why:
Q2 2026 revenue reached approximately US$7.8 billion, growing 92% YoY.
SpaceX just held its IPO in June with a market capitalization of around US$2 trillion.
SPCX shares jumped 15.83% in trading on August 7.
The price range since the IPO has reached US$104.83–US$225.64, indicating very high interest as well as volatility.
So, SpaceX has become a hot asset not just because of its popular brand name. A major IPO, its first earnings report as a public company, high revenue growth, and extreme stock volatility all occurred within a short period.
Two Market Themes Moving in Different Directions
XAUt and SpaceX are indeed very different, and that is precisely what makes them interesting to highlight together.
XAUt is currently centered on themes of hedging, gold, inflation, and monetary policy, while SpaceX carries themes of growth, technology, AI, the space economy, and tokenized stocks. Recent data shows that both are experiencing increased market attention, albeit with different driving factors and risk profiles.
Mobee's next Featured Assets may change as the market evolves. Therefore, this page will be continuously updated with the latest assets and data without changing the main URL.
Disclaimer: Mobee's Featured Assets are compiled for informational and educational purposes and do not constitute investment recommendations or predictions that a specific asset will increase in price. Historical performance does not guarantee future results. Each asset has different characteristics, volatility, structures, and risks. Always study asset information and conduct your own research before making investment decisions.
