Sentiment: Positive
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Elon Musk’s SpaceX Stock Forecast: Morgan Stanley Sees $600 Bull Case
By Kelvin Munene at 2026-10-03 20:50
Sentiment: Positive
TLDR Morgan Stanley maintains a $300 SpaceX price target while setting a $600 bull case for stronger AI growth. SpaceX’s planned $60 billion Cursor acquisition is central to Morgan Stanley’s higher valuation scenario. Cursor’s annual recurring revenue could reach $8 billion by year-end 2026 and $33 billion by 2030. Morgan Stanley expects Cursor to contribute [...] The post Elon Musk’s SpaceX Stock Forecast: Morgan Stanley Sees $600 Bull Case appeared first on CoinCentral. Continue reading...
Categories: Stocks
Tags: #Stocks #elon musk #Elon Musk SpaceX
Source Coin Central