SpaceX stock price drops or comes up with an opportunity for Morgan Stanley's analyst to look at its AI business valuation

On 25 July, Morgan Stanley Analyst stated that the sale of SpaceX stock had pushed its stock price to near a level that meant that investors valued their artificial intelligence operations at zero. The Morgan Stanley analyst Adam Jonas wrote in his report to the client on Friday: “We believe that there is a disconnect between the current growing pessimism of investors and the largely unchanged fundamentals of the company, which creates an attractive opportunity for investors to buy spaceX stock.” Jonas indicated that many investors expected that, with the first stock limitation period expiring next month, part of the insiders could sell their shares, and SpaceX would fall further to $100 per share. In his view, at this level, investors were in fact giving SpaceX a zero or even negative valuation of artificial intelligence operations. The analyst gave SpaceX equities a target price of $300, over 50 per cent of which was derived from the company ' s artificial intelligence operations。