Movement Alert|SpaceX Rises 3.46% in Regular Trading, Morgan Stanley Reiterates $300 Target as Starship Flight 14 Nears Launch

Market Focus09-17

On September 17, SpaceX rose 3.46% in regular trading, trading at $156.41/share, with turnover of $4.17 billion. Multiple catalysts converged to drive the stock higher.

Morgan Stanley reiterated its Overweight rating and $300 price target on SpaceX, labeling it a defensive safe haven amid AI sector volatility. The firm highlighted Starlink's cash flow moat and the largely unpriced long-term potential of orbital AI. Separately, Starship Flight 14 is scheduled for September 22, marking the first attempt at orbital flight and the deployment of 26 next-generation Starlink V3 satellites — the program's first revenue-generating mission.

Additional tailwinds include the upcoming Nasdaq 100 index rebalancing, which is expected to raise SpaceX's weighting from approximately 1.28% to 2.82%, potentially triggering billions of dollars in passive fund inflows. ARK Invest's Cathie Wood projected that a single Starship launch could generate roughly $1 billion in annual revenue, with Musk responding the long-term scenario is not impossible.

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Comments

  • a4xrbj1
    09-18
    a4xrbj1
    The majority of SpaceX valuation comes from their AI projects like Microhard and so. Starlink and their rocket business is a tiny part of the valuation. In the AI business SpaceX has achieved nothing apart from creating overcapacity in their data center which they rent out for a small margin vs their huge debt to build it. Don't trust analysts who helped on the IPO and are part of Musk's scam business! Do your due diligence yourself and check their profit (easy, there's none), debt (huge, low quality bonds) and growth projection (in all three business areas).
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