SPCX ▲ +0.4% - Space Exploration Technologies Corp. $SPCX - MORGAN STANLEY SEES MAJOR AI UPSIDE IN SPACEX Morgan Stanley's Adam Jonas reiterates Overweight on SpaceX with a $300 price target. Jonas argues investors are overlooking SpaceX's biggest potential growth driver: Distributed Inference Cloud, a network enabling billions of AI agents and robots to share computing power. He expects distributed AI and intelligent robotic swarms to become a major investment theme over the coming year. 14-OCT-2026 06:01 AM ET