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SpaceX at $100 would imply zero AI value, Morgan Stanley says
SpaceX shares have fallen significantly, nearing a valuation that ignores its artificial intelligence business. Morgan Stanley analysts believe this presents an attractive entry point for investors now. Many investors anticipate further stock declines after a lockup period unlocks next month. Broad investor sentiment has shifted away from technology firms with high AI spending. However, most analysts remain bullish on SpaceX's future prospects and growth.
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cryptobriefing.com
SpaceX shares near zero value for AI business, say analysts at Morgan Stanley
Morgan Stanley says SpaceX shares trading near $100 imply zero value for its AI business post-xAI merger, calling it an attractive entry point
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Investors ambivalent about SpaceX's AI pivot under Elon Musk
SpaceX's $1.25 trillion merger with xAI and record IPO spark investor uncertainty as AI losses mount against proven aerospace revenues.
