Morgan Stanley sets $600 bull case for SpaceX, citing Cursor acquisition

Morgan Stanley maintained its $300 price target on SpaceX with a $600 bull case, citing SpaceX's AI expansion and its planned $60 billion acquisition of AI coding platform Cursor. The bank expects Cursor ARR to reach $8B by year-end and roughly $33B by 2030.

Detected & updated continuously · Source: Nebula

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