๐ $SPCX $300 TARGET? already 168$ today
Morgan Stanley analyst Adam Jonas maintained a Buy rating on SpaceX with a $300 price target, implying roughly 89% upside from the reported $158.96 reference price.
His valuation breaks down roughly as:
๐ Rockets + Starlink: $127/share
๐ค AI business: ~$32/share
Interestingly, Jonas said at least 40 clients in a recent meeting did not currently own SpaceX.
But there are still risks to watch:
โข Concerns around Grok
โข Starlink mobile spectrum access
โข Potential shareholder dilution
โข AI business reportedly losing $1.26B last quarter
The interesting part?
The valuation appears to assign relatively little value to $SPCXB AI opportunity.
If that business scales successfully, the current valuation framework could look very different.
$300 target. ๐๐
Not financial advice. Targets are analyst estimates, not guarantees.
Morgan Stanley analyst Adam Jonas maintained a Buy rating on SpaceX with a $300 price target, implying roughly 89% upside from the reported $158.96 reference price.
His valuation breaks down roughly as:
๐ Rockets + Starlink: $127/share
๐ค AI business: ~$32/share
Interestingly, Jonas said at least 40 clients in a recent meeting did not currently own SpaceX.
But there are still risks to watch:
โข Concerns around Grok
โข Starlink mobile spectrum access
โข Potential shareholder dilution
โข AI business reportedly losing $1.26B last quarter
The interesting part?
The valuation appears to assign relatively little value to $SPCXB AI opportunity.
If that business scales successfully, the current valuation framework could look very different.
$300 target. ๐๐
Not financial advice. Targets are analyst estimates, not guarantees.
