Morgan Stanley says SpaceX shares trading near $100 imply zero value for its AI business post-xAI merger, calling it an attractive entry point

Morgan Stanley says SpaceX shares trading near $100 imply zero value for its AI business post-xAI merger, calling it an attractive entry point

SpaceX's $1.25 trillion merger with xAI and record IPO spark investor uncertainty as AI losses mount against proven aerospace revenues.