Published • loading... • Updated
SpaceX IPO'd at $1.8 Trillion, Crashed 32%, and Morgan Stanley Still Sees It Doubling
Morgan Stanley raised its price target to $255 and said investors should buy weakness in SpaceX, Warner Music Group and other overweight-rated stocks.
Summary by 24/7 Wall St.
4 Articles
4 Articles
SpaceX IPO'd at $1.8 Trillion, Crashed 32%, and Morgan Stanley Still Sees It Doubling
The post SpaceX IPO’d at $1.8 Trillion, Crashed 32%, and Morgan Stanley Still Sees It Doubling appeared first on 24/7 Wall St.. SpaceX (NASDAQ:SPCX) currently trades at $152.71 against a Wall Street average price target of $222.42, an implied gap of roughly 45.65%. SpaceX has grown into three businesses in one. Starlink is now the cash engine, the AI segment is scaling into a hyperscaler-adjacent business, and Starship is the moonshot funded by …
·Lakewood, United States
Read Full Article
The Daily HodlReposted by 
Cryptocurrency News | Cryptocurrency Prices | Market Cap
Cryptocurrency News | Cryptocurrency Prices | Market CapSpaceX Stock Falls About 33% From Peak as Morgan Stanley Sees Nearly 100% Upside
SpaceX shares have corrected sharply from their post-IPO high near a $2.8 trillion valuation, while Morgan Stanley reiterates a $300 target tied mainly to AI compute growth.
Coverage Details
Total News Sources4
Leaning Left1Leaning Right0Center2Last UpdatedBias Distribution67% Center
Bias Distribution
- 67% of the sources are Center
67% Center
L 33%
C 67%
Factuality
To view factuality data please Upgrade to Premium
