SpaceX will spend $100 billion to build the largest spaceport on Earth on Pecan Island in Vermilion Parish, Louisiana, a 125,000-acre site named Starbase, Louisiana, that Elon Musk plans to use to lau…
SpaceX stock has fallen nearly 50% from its post-IPO peak of $225.64 to about $113, and Morgan Stanley analyst Adam Jonas estimates the core Starlink and launch business is worth about $136 per share,…
SpaceX shares fell 5% to $107.80, erasing more than $1.2 trillion in market value from a June 16 peak, as investors shunned riskier technology firms amid geopolitical volatility and AI spending concer…
Morgan Stanley says investors assign 'zero or even negative' value to SpaceX's AI business, warning that many remain unconvinced Grok and Cursor justify billions in AI spending. Analyst Adam Jonas wro…
Morgan Stanley analyst Adam Jonas said SpaceX shares could fall to $100 as post-IPO lockup restrictions lift, a price at which the bank's sum-of-the-parts analysis assigns zero value to the company's …
SpaceX shares trading near $100 would imply investors assign zero value to its artificial intelligence business, according to Morgan Stanley analysts. The stock has fallen 18% below its June IPO price…
Morgan Stanley initiated coverage of SpaceX with an Overweight rating and a Street-high $300 price target, implying 87% upside, as the company joins the Nasdaq 100. The bank frames SpaceX as a unique …