Cursor Might Be SpaceX's Ticket to $600 Per Share

Morgan Stanley Says SpaceX Is Worth $300 Per Share. The Stock Trades Near $140. Here's Who I Think Is Right.

SpaceX's acquisition of Cursor could mean big things for Elon Musk's company.

SpaceX $600 Target: What Morgan Stanley's Cursor Thesis Misses

Morgan Stanley analyst Adam Jonas reiterated his Buy rating on SpaceX (SPCX) on August 11, 2026, maintaining a $300 base price target and outlining a bull case of $600 per share. That bull case would value the company at roughly $8 trillion, making it the largest in the world. The note landed at a useful moment for SpaceX. The stock had just recovered above its $135 IPO price for the first time since late July, climbing back from an all-time low…

Cursor Might Be SpaceX's Ticket to $600 Per Share

SpaceX just dropped $60 billion on an AI coding firm, and analysts are starting to wonder if that single acquisition rewrites the entire bull case for the stock. The space story is real, but the bigger opportunity hiding inside SpaceX has nothing to do with rockets.

SpaceX Finalizes Regulatory Procedures to Close $60 Billion Acquisition of AI Platform Cursor – SatNews

Following the formal execution of a definitive agreement and subsequent financial disclosures in early August 2026, space transport and satellite communications provider SpaceX is progressing toward the final closing of […]