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Barchart
Barchart
Aditya Raghunath

Morgan Stanley Remains Bullish on This ‘Undervalued’ Trillion-Dollar Stock

SpaceX Adam Jonas Morgan Stanley SPCX Bret Johnsen Starlink

Morgan Stanley analyst Adam Jonas recently put a simple question to a room of about 40 clients. Who here owns SpaceX (SPCX) stock? “Not a single hand went up,” Jonas said.

SpaceX launches rockets, beams internet from orbit, and is racing to build artificial intelligence computing power. Few companies are as publicly discussed as SpaceX, yet the stock has failed to gain traction among seasoned investors. “It's been really, really quiet on SPCX lately,” Jonas added.

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