Morgan Stanley keeps USD 300 target for SpaceX stock
Published on 10/06/2026 at 17:15 | Editorial responsibility: Rafael Müller, Editor-in-Chief AD HOC NEWS
SpaceX (ISIN US84615Q1031) was last at EUR 155.12 on Tradegate on October 6, 2026 at 4:33 p.m. CEST, plus 1.76 percent versus the Tradegate close of EUR 152.44 on October 5, 2026. Morgan Stanley kept its USD 300 price target for SpaceX after a strong run in the shares, according to CNBC on October 5, 2026.
Morgan Stanley keeps its target
The bank's note highlighted future AI product releases, Starship progress and additional neocloud contracts as reasons for its constructive view. The USD 300 target is a valuation claim rather than a new company forecast, so the key test remains whether SpaceX can convert its expanding technology ambitions into repeatable operating results.
Global Banking and Finance Review identifies Space Exploration Technologies Corp. as SPCX on Nasdaq under ISIN US84615Q1031, confirming the listing behind the quoted security.
Starship carries the execution risk
SpaceX's September 15, 2026 update says Starship is preparing for orbital flight beginning with Flight 14. The plan includes deploying Starlink V3 satellites and testing the first orbital propellant transfer, linking the next launch sequence directly to the company's satellite and space infrastructure strategy.
The same SpaceX update says the vehicle carries more than 500 physical sensors and that both a long-duration flight test and an in-space propellant transfer test are targeted for 2026. It also cites a late-November launch-license estimate from the Federal Aviation Administration, more than two months later than the previously communicated mid-September date.
Tradegate quote stays above prior close
The substitute price on Tradegate puts the stock EUR 2.68 above its prior close, a 1.76 percent daily gain calculated from EUR 152.44. On Nasdaq, the stock closed at USD 171.09 on October 5, 2026, while market value stood at USD 2.3 trillion.
That contrast captures the investment debate: the market is assigning a large value to launch, connectivity and AI options before the next Starship milestones are complete. For investors, the USD 300 target therefore depends on execution evidence, especially orbital flight progress, reuse and the delivery of new computing contracts.
SpaceX stock facts
- Company: Space Exploration Technologies Corp.
- ISIN: US84615Q1031
- Ticker: SPCX
- Primary exchange: Nasdaq
- Substitute price Tradegate as of October 6, 2026, 4:33 p.m. CEST: EUR 155.12
- Change versus prior close: plus 1.76 percent
- Prior close Tradegate October 5, 2026: EUR 152.44
- Market capitalization: USD 2.3 trillion as of October 5, 2026
- Sector / Industry: Industrials / Aerospace and Defense
