$SPCX - SPACEX: MORGAN STANLEY SEES $300 TARGET, $600 BULL CASE
Morgan Stanley maintains its $300 SpaceX target, with a $600 bull case, following the planned $60B acquisition of AI coding platform Cursor.
Cursor is used by 64%+ of the Fortune 500 and 50,000 enterprises.
Morgan Stanley expects Cursor ARR to hit $8B by year-end and ~$33B by 2030.
Key catalysts include Q3 disclosures, upcoming Grok 4.6/4.7, Grok 5, potential Composer 3, and new ARR updates.
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Gold is coiling and getting ready for a big move 🚨 🚨 Bollinger Bands are now the tightest since August 2025, right before Gold soared 60% over the next 5 months 🚀 🥳
BREAKING: SpaceX, $SPCX, announces a new partnership with Nvidia, $NVDA, to design its Starmind AI-1 payload, bringing data center-class compute into orbit.
The partnership will use Nvidia’s Rubin GPUs and Vera CPUs, while increasing SpaceX’s peak satellite computing capacity to 250 kW.