Morgan Stanley sees a potential $600 bull-case valuation for SpaceX (#SPCX), with Cursor potentially becoming a major driver of future upside. The firm estimates Cursor could reach approximately $33 billion in annual recurring revenue by 2030, alongside additional opportunities from Grok, X, SpaceX AI compute, and Starlink connectivity. Sector: Space Technology / Artificial Intelligence Key Highlights 🎯 Morgan Stanley sees a $600 bull-case scenario 💻 Cursor could become a major growth driver 💰 Cursor estimated at approximately $33B ARR by 2030 🤖 Additional upside from Grok and AI compute 🛰️ Starlink connectivity adds to the broader ecosystem Why It Matters The thesis positions SpaceX as more than a launch company, with AI software, compute, satellite connectivity, and other ecosystem businesses potentially driving long-term value. Read More: https://www.thinksabio.com/reports/isr/SPCX