◆ NeutralSPCX

Morgan Stanley Set a $300 Price Target on Elon Musk's SpaceX Stock

The Motley Fool·
Morgan Stanley Set a $300 Price Target on Elon Musk's SpaceX Stock

Morgan Stanley analyst Adam Jonas set a $300 price target on SpaceX (SPCX), signaling more than double upside from current levels. The bull case hinges on SpaceX building orbital AI infrastructure through its Starmind satellite constellation, with Morgan Stanley projecting revenue growth from $18.7B in 2025 to $3.3T by 2040. However, the stock trades at 94x revenue and faces significant execution risk, with Morgan Stanley's bear case at just $75.

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