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SpaceX Stock Drops to $110.85 This Week, Morgan Stanley Says $100 Price Would Zero Out AI Business Value

2026-07-25 07:02:16

SPCX-2.71%

According to Morgan Stanley, SpaceX's stock falling to $100 per share would imply the market values its AI business at zero. The company went public in mid-June with an $86 billion valuation and hit a low of $110.85 this week, down 18% from its IPO price. The bank issued a $300 per-share price target, with more than half derived from AI business valuation. SpaceX has leveraged its Starlink satellite network to offer low-latency data transmission services for large language model training.

Disclaimer: The information on this page may come from third-party sources and is for reference only. It does not represent the views or opinions of Gate and does not constitute any financial, investment, or legal advice. Virtual asset trading involves high risk. Please do not rely solely on the information on this page when making decisions. For details, see the Disclaimer.

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