Walter BloombergTechnology

$SPCX - MORGAN STANLEY BULLISH ON SPACEX AI Morgan Stanley initiated coverage on SpaceX with an Overweight rating and a $300 price target.…

$SPCX - MORGAN STANLEY BULLISH ON SPACEX AI Morgan Stanley initiated coverage on SpaceX with an Overweight rating and a $300 price target. The bank sees enterprise AI as SpaceX's biggest growth opportunity, driven first by AI computing capacity and later by managed AI services, projecting AI revenue could reach $2.5 trillion by 2040.
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