Morgan Stanley maintains SpaceX's increase rating at a target price of $600 under the cattle market scenario

On 12 August, Morgan Stanley reiterated the growth rating for SPCX at a target price of $300 and $600 under the cattle market scenario. According to analyst Adam Jonas, the market underestimated SpaceX ' s broader AI platform, including its computing, connectivity and real-time data capabilities. The upcoming Grok model could help to bridge this valuation gap. Jonas sees the coming time frame of the lock as an opportunity rather than a risk, providing potential entry points for investors。