From Coinpedia · By Anjali Belgaumkar
Morgan Stanley reiterated an Overweight rating and $300 price target on SpaceX (SPCX), with analyst Adam Jonas saying the stock trades roughly 40% below mega-cap AI peers on a growth-adjusted basis. Shares are trading above $160, lifting SpaceX’s market capitalization past $2.23 trillion. Potential catalysts include upcoming Starship flights, Q3 earnings, Grok releases and additional neocloud deals. A successful Starship catch could be the biggest catalyst since the IPO, according to the note.
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