MORGAN STANLEY THINKS SPACE ISN’T EVEN THE MAIN GAME ANYMORE. 💀
Morgan Stanley continues to set SpaceX’s target at $300, while the reported price is around $150.
The most noteworthy point: new AI compute is the biggest part of the valuation story.
🤖 AI compute: $165/share
🛰️ Satellite bandwidth: $118/share
🚀 Rocket launches: $8/share
𝕏 X + Grok: $8/share
$300/share is the base target Morgan Stanley maintains.
A new neocloud deal worth about $1.1B per month is strengthening SpaceX’s AI compute narrative.
The risks cited include Starship reusability taking longer than expected, Starlink user growth slowing, and weaker-than-expected enterprise AI revenue.
What’s notable isn’t the $300 figure, but the pricing breakdown. If this thesis is correct, SpaceX is increasingly being viewed as an AI infrastructure + connectivity + rockets company—not just a rocket company.
SPACE COMPANY? Nah. AI DATA CENTER WITH ROCKETS. 💀
Are you guys looking at SpaceX right now as a rocket company or an AI infrastructure company?
#SpaceX #AI $SPCXB
Morgan Stanley continues to set SpaceX’s target at $300, while the reported price is around $150.
The most noteworthy point: new AI compute is the biggest part of the valuation story.
🤖 AI compute: $165/share
🛰️ Satellite bandwidth: $118/share
🚀 Rocket launches: $8/share
𝕏 X + Grok: $8/share
$300/share is the base target Morgan Stanley maintains.
A new neocloud deal worth about $1.1B per month is strengthening SpaceX’s AI compute narrative.
The risks cited include Starship reusability taking longer than expected, Starlink user growth slowing, and weaker-than-expected enterprise AI revenue.
What’s notable isn’t the $300 figure, but the pricing breakdown. If this thesis is correct, SpaceX is increasingly being viewed as an AI infrastructure + connectivity + rockets company—not just a rocket company.
SPACE COMPANY? Nah. AI DATA CENTER WITH ROCKETS. 💀
Are you guys looking at SpaceX right now as a rocket company or an AI infrastructure company?
#SpaceX #AI $SPCXB
