Morgan Stanley believes that the current market pessimism has significantly diverged from SpaceX’s fundamentals, presenting investors with an attractive buying opportunity.
According to Zhitong Finance APP, following a sustained post-listing pullback, SpaceX’s (SPCX.US) share price has approached a level where the market effectively ignores the value of its artificial intelligence (AI) business. Morgan Stanley believes the current market pessimism has significantly diverged from the company’s fundamentals, presenting an attractive buying opportunity for investors.
Since completing its $86 billion IPO in mid-June, SpaceX’s stock has experienced significant volatility. The share price surged nearly 50% cumulatively over the first three…
