SPCX - MORGAN STANLEY: SPACEX LOCK-UP IS A BUYING OPPORTUNITY Morgan Stanley reiterated Overweight on SPCX with a $300 price target and $600 bull case. Analyst Adam Jonas argues the market is undervaluing SpaceX’s broader AI platform, including its compute, connectivity and real-time data capabilities. Upcoming Grok model releases could help close that valuation gap. Jonas views the approaching lock-up expiry as an opportunity, not a risk, offering investors a potential entry point.(*Walter Bloomberg)