Recent analyst commentary from Morgan Stanley has emerged as the dominant driver of SPCX sentiment, with the firm reiterating a $300 price target and labeling shares “cheap and getting cheaper” on the back of rapid AI computing growth. The note highlighted that the market currently prices the AI segment at roughly $32 per share versus a potential $165 contribution at scale, supported by neocloud pricing of $30–50 per watt and semiconductor supply-chain progress. This followed Starship Flight 14’s successful orbital deployment of V3 Starlink satellites in late September, reinforcing revenue momentum in connectivity and space segments. With Q3 earnings and Flight 15 expected later this month, traders are weighing near-term catalysts against a 40x forward-sales multiple and historical post-IPO volatility around the $170 level.