SpaceX stock draw: Morgan Stanley initiates with Overweight and ~$300 target as company enters Nasdaq-100
Morgan Stanley initiated coverage of SpaceX (SPCX) with an Overweight rating and a $300 target, citing AI-driven upside and projecting $3.3T revenue by 2040. SpaceX also joins the Nasdaq-100 on July 7, 2026, with analysts expecting about $4.3B in mandatory passive inflows from index-tracking ETFs.