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SpaceX Stock Price: Starship Catch Could Be Biggest Catalyst Since IPO
Writer by choice, CryptoCurrency Writer, and Researcher by chance. Currently, focusing on financial news and analysis, as well as cryptocurrency news and data. One may not call me a crypto “Enthusiast” but trust me I'm getting there.
Morgan Stanley reiterated an Overweight rating and $300 price target on SpaceX (SPCX), with analyst Adam Jonas saying the stock trades roughly 40% below mega-cap AI peers on a growth-adjusted basis. Shares are trading above $160, lifting SpaceX’s market capitalization past $2.23 trillion. Potential catalysts include upcoming Starship flights, Q3 earnings, Grok releases and additional neocloud deals. A successful Starship catch could be the biggest catalyst since the IPO, according to the note.
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