Wire · operational-macro
SpaceX Shares Surge 8% to EUR 152.48 as Morgan Stanley's $300 Target and Musk's ...
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Fusion42 · 6 October 2026 · Fusion42 review
SpaceX shares rose 8% to EUR 152.48 following Morgan Stanley's bullish $300 price target and Elon Musk's confirmation of talks with TSMC about a potential collaboration on chip production for SpaceX, Tesla, and xAI. The company is advancing both its space launch operations and its ambitions in semiconductor supply and AI infrastructure.
This Wire brief sits within Fusion42's coverage of AI Infrastructure.
◆ ◆ The Wire takeaway
You must now map your tech or AI venture in relation to SpaceX's push into semiconductor fabrication with TSMC, as this could reshape supply chains and investor expectations in AI hardware. The cluster of rocket launches and AI ambitions signals a move beyond space toward integrated computing, shifting competitive terrain fast.
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1 source · 6 Oct 2026
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