Morgan Stanley Maintains $300 SpaceX Target, Sees $600 Bull Case After Cursor Deal

SpaceX Stock Could Reach $600, According to Morgan Stanley. Here’s How.

Behind the eye-popping $600 price target lies a tower of assumptions.

SpaceX shares can more than double, Morgan Stanley says. The bull thesis isn't based on space business

SpaceX has worked to become a bigger player in AI by acquiring startup Cursor, and that should add considerable value to its shares, Morgan Stanley says.

Morgan Stanley Maintains $300 SpaceX Target, Sees $600 Bull Case After Cursor Deal

Morgan Stanley maintained its Overweight rating and $300 price target for SpaceX, while valuing the stock at $600 under its most optimistic scenario. The distinction is important.Visit Website

SpaceX stock is soaring: is this a golden opportunity to buy?

SpaceX stock has rebounded substantially in the past few days as investors cheered the recent earnings and the employee lockup expiry. SPCX jumped to $138.63 on Monday, its highest level since July 14, and 31% above the lowest level this year.  This article explores the top reasons why this may be a golden opportunity to buy the stock despite the recent analyst downgrades. For example, Susquehanna, Royal Bank of Canada, and Raymond James downgra…

Wall Street sets SpaceX stock price target for next 12 months

Amidst SpaceX (NASDAQ: SPCX) stock price recovery and the approaching Cursor acquisition, Morgan Stanley’s (NYSE: MS) Adam Jonas reiterated his highly bullish assessment of the company. Specifically, the Wall Street analyst rated SPCX equity as a ‘Buy,’ while forecasting a 116.23% 12-month rally to $300. Furthermore, Jonas also outlined a SpaceX stock ‘bull case’ at $600 per share, seemingly contingent on Cursor turning from a ‘harness’ and into…