3 weeks ago
Morgan Stanley says SpaceX can more than double on AI bet
A big bank called Morgan Stanley studied a rocket company called SpaceX.
The bank says the company's value could more than double.
That means people who own part of SpaceX might see their money grow a lot.
The reason is not the rockets or space trips.
Instead, it is about artificial intelligence, which is when computers do smart things.
SpaceX bought a small AI company called Cursor.
That purchase made the bank excited about SpaceX's future.
The bank thinks AI can help SpaceX grow in new ways.
Rocket business is still important, but AI is the main reason for the good news.
Many people will watch to see if SpaceX becomes worth twice as much.
Morgan Stanley predicts SpaceX shares can more than double in value.
The bullish case is based on SpaceX's foray into artificial intelligence.
SpaceX's acquisition of AI startup Cursor is central to the bull thesis.
The positive outlook is not based on SpaceX's core space business.
Morgan Stanley issued the projection despite SpaceX being a privately held company.
- Who
- Morgan Stanley (analyst firm) and SpaceX (Space Exploration Technologies)
- What
- Morgan Stanley projects SpaceX shares can more than double, driven by its AI push and acquisition of AI startup Cursor
- Where
- Not specified in the article
- When
- Not specified in the article
- Why
- The bull thesis rests on SpaceX's expansion into artificial intelligence rather than its space business
AI-Driven Growth View
Space Business Focus
Basis of Company Valuation
AI-Driven Growth View
SpaceX's value growth will be driven mainly by its artificial intelligence efforts, including the Cursor acquisition.
Space Business Focus
SpaceX's core space operations remain the foundation of its business and the primary lens through which it is assessed.
Key facts
- Subject Company
- Space Exploration Technologies (SpaceX)
- Analyst Firm
- Morgan Stanley
- Projection
- Shares can more than double
- Key Driver
- Artificial intelligence, not the space business
- Acquisition
- AI startup Cursor
- Source
- CNBC-TV18








