Morgan Stanley Optimistic About SpaceX AI Business Valuation, Stock Price Approaching Zero Valuation

On July 25, Morgan Stanley analysts stated that the sell-off of SpaceX stock has pushed its price to a level that implies investors value its artificial intelligence business at zero. Analyst Adam Jonas pointed out in a report that there is a disconnect between investors' pessimism and the unchanged fundamentals of the company, creating an opportunity to buy SpaceX stock. It is expected that as the lock-up period for the first batch of shares expires next month, some insiders may sell their shares, potentially causing SpaceX's stock price to further decline to $100 per share. At this level, investors are effectively assigning a zero valuation, or even a negative valuation, to SpaceX's AI business. Jonas has set a target price of $300 for SpaceX stock, with over 50% of that valuation coming from the company's AI business.

Disclaimer: This content is provided for general branding and informational purposes only and doesn't constitute financial, investment, legal, or tax advice. Any events, rewards, online events, or related information mentioned herein should not be considered a recommendation, solicitation, or invitation to purchase, sell, trade, or otherwise deal in any crypto assets or to use any services. Crypto assets are highly volatile and may result in loss. WEEX services and online events may not be available in all regions and are subject to applicable laws, regulations, and eligibility requirements. You are responsible for ensuring that your use of WEEX services complies with local laws and for carefully assessing the risks before participating in any crypto-related activities.