← Back

Wire · operational-macro

Morgan Stanley calls SpaceX stock cheap before Starship test

Published

6 October 2026

Topic

operational-macro

◆ Sectors

Space Tech

◆ Geography

United States

◆ Source

Read at qz.com →

◆ Verified

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.

◆ Coverage

1 source · 6 Oct 2026

◆ Related on Wire

◆ Topics

Space Techspacexstarshipmorgan-stanleystock-priceai-products