Wire · operational-macro
Morgan Stanley calls SpaceX stock cheap before Starship test
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Fusion42 · 6 October 2026 · Fusion42 review
Morgan Stanley rated SpaceX shares as undervalued with a $300 price target ahead of the next Starship test flight, highlighting it as a major positive catalyst alongside upcoming AI products and neocloud contracts. SpaceX stock rose nearly 8%, reaching its highest level since mid-June.
This Wire brief sits within Fusion42's coverage of Space Tech.
◆ ◆ The Wire takeaway
Morgan Stanley's bullish call on SpaceX stock signals an opening for founders to capitalise on renewed investor optimism around reusable rocket tech and AI integration. You should watch the upcoming Starship test closely as it could unlock large contract opportunities and escalate market confidence.
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1 source · 6 Oct 2026
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