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Morgan Stanley said that SpaceX's space activities are only worth $8 per share...
by Schlagbohrer 3mo ago
Morgan Stanley said that SpaceX's space activities are only worth $8 per share...
- rapsey 3mo agoMost people here seem to have a serious misunderstanding of what a stock price means. It reflects investor expectations. Not current revenue.
- fragmede 3mo agoMorgan Stanley's target price for SPCX in their report is $300, with $8 being the space component, and the $292 being everything else, like what actually gets put into space. The Morgan Stanley report doesn't say SPCX is worth $8/share. Just wanted to be clear and not have a conversation based on vague implications.