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Morgan Stanley says SpaceX stock is cheap ahead of Starship test

Original: Morgan Stanley calls SpaceX stock cheap ahead of next Starship test

Morgan Stanley has told clients that SpaceX shares look inexpensive ahead of the next Starship test flight, according to a report from Quartz. The bank's assessment adds to investor attention on Elon Musk's rocket company as it prepares another launch of its flagship vehicle, with analysts weighing the company's valuation against its progress in spaceflight.

Why now: The next Starship test flight is approaching, drawing fresh analyst and investor attention to SpaceX's valuation.

Morgan StanleySpaceXStarshipElon Musk

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