SpaceX's Stock Is Whipsawing Around Its IPO Price. Morgan Stanley Says It's 'Attractively Valued.'
Adam Jonas said the stock trades at 10 times sales and could still rise more than 70% from Tuesday’s close.
6 Articles
6 Articles
SpaceX's Stock Is Whipsawing Around Its IPO Price. Morgan Stanley Says It's 'Attractively Valued.'
An analyst from the bank said the company's announcement about its intention to spend $100 billion to build a spaceport in Louisiana would increase its launch cadence and position it to top forecasts.
SpaceX Shares Gain 1.2% After $100 Billion Louisiana Starbase Valued at Par With Company Cash
PECAN ISLAND, Louisiana, August 26, 2026, 19:58 (EDT) SpaceX stock finished at $139.63, gaining 1.22%, with 56.1 million shares traded. The Louisiana facility, valued at $100 billion, matches SpaceX's liquidity for the second quarter. Construction is scheduled to begin in 2027, with the initial launch planned for 2029. Starship, Starlink, and orbital AI infrastructure would…
SpaceX stock is down around 1% today, but analysts remain strongly bullish
SpaceX stock (SPCX) fell around 1% Wednesday, extending a choppy stretch in which the stock has closed lower in six of the past nine sessions. Analysts, however, see the company's planned Louisiana expansion as a potentially significant source of upside.Morgan Stanley sees launch capacity upsideMorgan Stanley analyst Adam Jonas reiterated an Overweight rating on SpaceX with a $300 price target, implying more than 70% upside from Tuesday's close.…
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