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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.

Summary by IBTimes
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.

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Investor's Business Daily broke the news in Los Angeles, United States on Wednesday, August 26, 2026.
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