https://www.live-feeds.com/feed/spacex-stock-surges-as-morgan-stanley-says-stock-cheap-and-getting-cheaperContinuously updated, source-cited coverage. https://www.live-feeds.com/feed/spacex-stock-surges-as-morgan-stanley-says-stock-cheap-and-getting-cheaperhttps://www.live-feeds.com/feed/spacex-stock-surges-as-morgan-stanley-says-stock-cheap-and-getting-cheaper#u110248Thu, 08 Oct 2026 09:30:58 +0000SpaceX shares climbed to their highest close since June following an endorsement from Morgan Stanley, which described the equity as cheap and getting cheaper. The financial institution reaffirmed a price target of $300, pointing to the growth potential and profitability of the company. Monday trading saw the stock jump 7.66 percent to close at $171.13, marking a strong post-listing run following a $135 initial public offering. The valuation boost also follows flagged upside potential tied to artificial intelligence and upcoming Starship test flights.Why it mattersWall Street sentiment toward t