SpaceX shares rose 8% to $167.71 after Morgan Stanley reiterated its 'overweight' rating and $300 price target, highlighting the stock's undervaluation when adjusted for growth. The investment bank noted SpaceX is trading cheaper than peers on a growth-adjusted basis despite a high headline valuation. Momentum also followed Elon Musk's announcement to rename SpaceX's AI unit from SpaceXAI to SpaceXSI. Investors are eyeing the upcoming Starship flight as a key catalyst for the company's growth and valuation prospects.
As of Oct 05, 2026 23:13 WIB, SpaceX shares on Pluang trade at USD 166.81, up 4.94% in the past day, reflecting strong investor interest following recent news. The stock holds a substantial market cap of $2.16 trillion and an enterprise value of $2.10 trillion, indicating its significant scale in the Industrials sector. Morgan Stanley shares, by comparison, are slightly down 0.17% at USD 189.99, with a market cap of $308.32 billion. The notable figure here is SpaceX's robust market cap of $2.16 trillion, underscoring its prominence in the market.
Elon Musk confirmed talks with Taiwan Semiconductor Manufacturing Co (TSMC) about building a dedicated chip factory for Tesla, SpaceX, and xAI under the Terafab initiative. The factory would supply custom chips for AI, vehicles, and spacecraft, aimin...
SpaceX stock jumped 5% following Elon Musk's announcement renaming its AI unit from SpaceXAI to SpaceXSI, emphasizing 'super intelligence' over artificial intelligence. Morgan Stanley analyst Adam Jonas reiterated an Overweight rating with a $300 pri...
Elon Musk predicted in August 2026 that SpaceX's AI revenue would exceed all other business segments by September. While AI revenue grew significantly in Q2, it had not yet overtaken Connectivity and Space revenues. The Q3 earnings report, due in lat...
Elon Musk recently hinted at the possibility of merging Tesla and SpaceX, two of the world's most valuable companies, during a public discussion. While no formal deal or board approval exists, Musk's comments have reignited speculation about the bene...
Investors who split $1,000 equally between Tesla and SpaceX two months ago would now see about a 26.8% return, with Tesla shares up nearly 15% and SpaceX shares surging 39%. Tesla's gains followed a strong Q3 delivery report exceeding expectations an...
