Morgan Stanley Analyst Says SpaceX Stock Price Could Double

BeInCrypto2026/10/05 16:03

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Morgan Stanley says SpaceX stock could nearly double to $300 a share. Yet at least 40 of the firms clients do not own the stock. SpaceX went public in June in the largest initial public offering (IPO) ever, at $135 a share. Four months later, shares trade about 23% above that price. SpaceX Stock (SPCX) Performance Since IPO. Source: Yahoo Finance Why Morgan Stanley Says SpaceX Stock Price Could Nearly Double Analyst Adam Jonas kept his buy rating and $300 target in a note reported Monday. That sits 89% above Fridays $158.96 close. His case rests on one split. He values the rockets and Starlink, the satellite internet service, at $127 a share. That leaves about $32 for the artificial intelligence (AI) business. It includes the Grok chatbot and computing power SpaceX rents out. Across roughly 13.2 billion shares, that values AI near $420 billion. Jonas thinks that is too low. SpaceXs recent short-term computing deals paid $30 to $50 per watt of capacity, he said. Analyst models assume $17.60. In other words, Jonas argues buyers today are mostly paying for rockets and Starlink, and very little for AI. Why Investors Are Staying Away From SpaceX Stock Jonas tested demand himself. Last week, he asked a room of 40 clients who owned the stock. not a single hand went up, the Morgan Stanley analyst revealed. He named the worries investors raise most: Whether Grok can keep pace with rival AI models. Whether Starlink can secure the airwaves, known as spectrum, for its mobile service. Jonas says both are already priced in. The stock has also slid since its debut. Shares sit about 30% below their post-IPO high of $225.64. On September 24, about 328 million shares became free to sell as the post-IPO lockup ended. President Gwynne Shotwell also sold $52.5 million in shares. Meanwhile, the AI arm is still losing money. It lost $1.26 billion last quarter while consuming 86% of SpaceXs capital spending. Not every analyst is convinced. Some forecast as low as $142, TipRanks shows. The 33-analyst average is $235.10. SpaceX stock analyst price targets. Source: TipRanks What Could Bring Investors Back to SpaceX Stock? Jonas points to Starship, Elon Musks dream reusable spacecraft that completed a recent successful orbit. Flight 15 is due in late October or early November. If SpaceX catches the returning ship, Jonas said, it could be the stocks biggest boost since the IPO. Third-quarter earnings land in late October. Jonas also lists new Grok versions and more computing deals as possible boosts. He also set out what would sink the stock. A drop to $100 within a year would take an AI slowdown, a severe Starship setback, or dilution. For now, a $300 target is meeting a room with no hands raised. Read the article at BeInCrypto

Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.

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01:10 PM EDT, 10/05/2026 (MT Newswires) -- Broad Market Indicators Broad-market exchange-traded funds IWM and IVV were higher. Actively traded Invesco QQQ Trust (QQQ) added 0.6%. US equity indexes were higher after midday Monday as government bond yields rose and crude oil fell. Energy IShares US Energy ETF (IYE) and the State Street Energy Select Sector SPDR (XLE) were each up about 1.1%. Technology The State Street Technology Select Sector SPDR ETF (XLK) gained 0.4%; iShares US Technology ETF (IYW) added 0.6%, and iShares Expanded Tech Sector ETF (IGM) was 0.6% higher. The State Street SPDR S&P Semiconductor (XSD) slipped 0.6%, and iShares Semiconductor (SOXX) fell 0.2%. Financial The State Street Financial Select Sector SPDR (XLF) added 0.7%. Direxion Daily Financial Bull 3X Shares (FAS) advanced 2.2%, and its bearish counterpart, Direxion Daily Financial Bear 3X Shares (FAZ), declined 1.9%. Commodities Crude oil lost 1.1%, and the United States Oil Fund (USO) fell 1.4%. Natural gas added 0.9%, and the United States Natural Gas Fund (UNG) gained 0.7%. Gold on Comex eased 0.1%, and the State Street SPDR Gold Shares (GLD) lost 0.4%. Silver was up 1.5%, and iShares Silver Trust (SLV) gained 0.7%. Consumer The State Street Consumer Staples Select Sector SPDR (XLP) was 0.5% higher, and the Vanguard Consumer Staples ETF (VDC) rose 0.5%. The State Street Consumer Discretionary Select Sector SPDR (XLY) added 0.4%. VanEck Retail ETF (RTH) was up 0.2%, and the State Street SPDR S&P Retail (XRT) edged up 0.1%. Healthcare The State Street Health Care Select Sector SPDR (XLV) added 0.5%, while iShares US Healthcare (IYH) gained 0.5%, and Vanguard Health Care ETF (VHT) rose 0.6%. IShares Biotechnology ETF (IBB) advanced 0.7%. Industrial The State Street Industrial Select Sector SPDR (XLI) added 0.4%. Vanguard Industrials Index Fund (VIS) rose 0.5%, and iShares US Industrials (IYJ) gained 0.7%. Cryptocurrency In midday activity, bitcoin (BTC-USD) shed 0.2%. Among cryptocurrency ETFs, ProShares Bitcoin ETF (BITO) added 1.2%,

MT newswire•2026/10/05 17:10

Gold price rises as Europe debt risks boost appeal of haven assets

Mining.com•2026/10/05 17:09

BUZZ - Musk's comments on TSMC and Terafab cause Intel shares to decline

October 5 — Chip maker Intel (INTC.O) shares fell 2.35% to $116.53. Elon Musk, CEO of Tesla (TSLA.O) and SpaceX (SPCX.O), stated on the X platform Saturday that TSMC and his chip manufacturing project Terafab are in discussions about potential cooperation. On Saturday, Musk responded on the X platform to a screenshot of an article titled “TSMC is exploring a partnership with Elon Musk’s TeraFab project,” writing: “Just at the discussion stage for now, but there could be an outcome.” If TSMC becomes involved, it could challenge Intel’s position in the Terafab project. B Riley Wealth Chief Market Strategist Art Hogan said: “The Musk news appears to be a catalyst, but Intel’s sharp rally in September left the stock susceptible to a pullback.” Tesla and Intel have not yet responded to Reuters’ requests for comment. Driven by strong demand for AI and semiconductor stocks, Intel shares rose roughly 34% in September. Including today’s gains, Intel shares have more than doubled this year. (For the convenience of non-English speakers, Reuters automates the translation of its reports into multiple languages. As automated translations may contain errors or lack needed context, Reuters does not guarantee their accuracy and provides them solely for readers’ convenience. Reuters accepts no liability for damages or losses resulting from the use of automated translation functions.)

路透社•2026/10/05 16:11

BUZZ - Musk's comments on TSMC and Terafab cause Intel shares to decline

Getlink reports 550,000,000 shares outstanding, 642,851,718 total voting rights as of Sept. 30, 2026

Getlink disclosed 550,000,000 ordinary shares outstanding as of Sept. 30, 2026. Theoretical voting rights totaled 642,851,718. Exercisable voting rights stood at 635,332,063. Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. Getlink SE published the original content used to generate this news brief via Business Wire (Ref. ID: 202610051200BIZWIRE_USPR_____20261005_BW048564) on October 05, 2026, and is solely responsible for the information contained therein.

Bitget•2026/10/05 16:00