Analysts argue SpaceX’s valuation excludes AI contributions if shares trade at $100, as CEO Elon Musk teases new Grok models.
Morgan Stanley stated that SpaceX’s share price of $100 would imply zero valuation for its artificial intelligence initiatives. The assessment highlights skepticism about AI’s role in the company’s current market position.
SpaceX’s valuation has been under scrutiny amid broader tech sector volatility. The $100 price point contrasts with prior expectations for AI-driven growth, though no consensus estimate was provided for comparison.
Separately, CEO Elon Musk announced upcoming releases of new Grok AI models, which may influence investor sentiment in the near term.