Morgan Stanley Keeps SpaceX Price Target at $300... Bets More Than Half on AI

Morgan Stanley kept its $300 target on SpaceX, saying AI accounts for more than half of the company’s valuation.

The bank warned the stock could fall toward $100 after the lockup expires, as insider selling may pressure shares.

The note underscores how heavily SpaceX’s valuation now depends on AI expectations, even as most analysts stay bullish.