Forget rockets: Morgan Stanley sets $300 SpaceX target based on a secret AI weapon
- Posted on July 7, 2026
- By Business News Today
- 0 Views
- 1 min read
Forget rockets: Morgan Stanley sets $300 SpaceX target based on a secret AI weapon
Morgan Stanley has initiated coverage on SpaceX with an Overweight rating and a $300 target price, arguing its biggest opportunity lies beyond rockets. The brokerage believes SpaceX's vertically integrated AI infrastructure, combining terrestrial and orbital compute, could transform it into one of the world's most powerful AI infrastructure platforms.
