Woofun AI reports that global brokerages have initiated coverage on SpaceX (SPCX.O), establishing a preliminary consensus of Buy ratings. At least six firms, including Morgan Stanley, Goldman Sachs, and UBS, issued these ratings, expressing optimism regarding long-term growth prospects despite profitability and valuation concerns.

A Morgan Stanley analyst stated in a July 7th report that SpaceX can massively convert energy into intelligence and commercialize it through consumer and enterprise solutions in the AI era. The firm set a $300 target price, implying an 87% upside from Monday's closing price of $160.42. The analyst projected revenue reaching $319 billion by 2030 and $33 trillion by 2040, with stock price scenarios ranging from $75 to $600.