$SPCX - SPACEX, TESLA SLIDE DESPITE MORGAN STANLEY'S BULLISH OUTLOOK
SpaceX fell 5% and Tesla dropped 5.6% as Democratic election gains raised concerns over regulatory scrutiny and Elon Musk's political exposure.
Meanwhile, Morgan Stanley raised its SpaceX price target to $300, implying approximately 114% upside from $140.
🔸 2027 revenue forecast: $175 billion
🔸 2028 revenue forecast: $289 billion
🔸 2028 operating income: $119 billion
🔸 Free-cash-flow breakeven: 2031, versus 2035 previously
The bank sees substantial undervalued potential in SpaceX's AI operations.
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