Morgan Stanley Says $300. Michael Burry Says Overvalued. Here's Who Is Right About SpaceX Stock.

Wall Street analysts are divided on SpaceX's valuation, with Morgan Stanley setting a $300 price target (124% upside) based on synergies between AI, satellites, and connectivity segments. However, legendary investor Michael Burry argues SpaceX is overvalued at $2.8 trillion market cap, claiming its $20 billion revenue doesn't justify the valuation and any further gains would be driven by hype rather than fundamentals.