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SpaceX Stocks: Why Is Elon Musk-Owned Space Exploration Technologies Corp-SPCX Share Price at Nasdaq Down?

Summary by Times of India
Elon Musk's SpaceX struck a deal to acquire a nationwide low-band spectrum portfolio, posing a direct challenge to US wireless companies.

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Morgan Stanley keeps his goal of $300 for SpaceX and points out the distributed AI as an opportunity that the market might be underestimating. The thesis coincides with more ambitious projections of Ron Baron, although both depend on the company turning its technological plans into profitable businesses.

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Cryptocurrency News | Cryptocurrency Prices | Market Cap broke the news on Tuesday, October 13, 2026.
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