Morgan Stanley reiterates USD 300 target for SpaceX stock
Published on 10/07/2026 at 15:29 | Editorial responsibility: Rafael Müller, Editor-in-Chief AD HOC NEWSSpaceX (US84615Q1031) was trading at EUR 150.34 at Lang & Schwarz on October 7, 2026 at 3:18 p.m. CEST, down 1.44 percent from the prior close of EUR 152.54. Yahoo Finance reported on October 5, 2026 that Morgan Stanley reiterated an Overweight rating and a USD 300 price target.
USD 300 target meets valuation debate
The target is 75.34 percent above the USD 171.09 close cited by CNBC on October 5, 2026. That comparison puts the current debate in clear terms: the bullish case depends on future growth, while the euro quote has moved below the latest US close used in the analyst discussion.
According to Yahoo Finance on October 5, 2026, Morgan Stanley placed SpaceX at 0.30 times estimated 2028 enterprise value to EBIT growth, versus a 0.50 times median for large-cap AI companies. The 40.00 percent discount is the key quantified argument behind the reiterated target.
Starship and AI supply the catalysts
CNBC reported on October 5, 2026 that SpaceX had completed a crewed NASA mission and separately placed Google's AI chips into orbit during the previous week. The report also linked the Morgan Stanley thesis to Starship progress, AI product releases and additional neocloud contracts.
SpaceX's own September 15, 2026 update says Starship Flight 14 is intended to begin orbital missions capable of delivering Starlink V3 satellites and testing orbital propellant transfer. The company says more than 500 physical sensors are installed on the vehicle, making the upcoming flight program a measurable execution test rather than only a valuation story.
Stock range sets the risk frame
SpaceX had a market capitalization of USD 2.3 trillion and a 52-week range of USD 104.83 to USD 225.64 as of October 6, 2026. The range leaves the stock 33.19 percent below its high, calculated from the USD 171.92 primary-market quote and the USD 225.64 high in the same market-data snapshot.
The next reported milestone is the third-quarter 2026 earnings date of November 5, 2026. For investors, the combination of a USD 300 target, a 0.30 times growth-adjusted valuation and a wide 52-week range makes execution on Starship and AI monetization the central test of the thesis.
EUR 150.34 quote in trading
SpaceX was trading at EUR 150.34 at Lang & Schwarz on October 7, 2026 at 3:18 p.m. CEST, down 1.44 percent versus the Lang & Schwarz prior close of EUR 152.54 on October 6, 2026. The primary exchange quote was USD 171.92 on October 6, 2026 at 4:00 p.m. EDT.
The further course of trading is shown by the continuously updated real-time quote of SpaceX stock.
SpaceX stock facts
- Company: Space Exploration Technologies Corp.
- ISIN: US84615Q1031
- WKN: A42D4F
- Ticker: SPCX
- Primary exchange: NASDAQ
- Price Lang & Schwarz as of October 7, 2026, 3:18 p.m. CEST: EUR 150.34
- Change versus prior close: minus 1.44 percent
- Prior close Lang & Schwarz October 6, 2026: EUR 152.54
- Market capitalization: USD 2.3 trillion as of October 6, 2026
- 52-week range: USD 104.83-225.64 as of October 6, 2026
- Sector / Industry: Industrials / Aerospace and Defense
- Index membership: NASDAQ 100
- Next earnings date: November 5, 2026
