Woofun AI reports that Morgan Stanley analyst Adam Jonas established a $300 per share price target for SpaceX, reflecting a valuation based on vertical integration rather than traditional aerospace metrics. The research firm projects revenue expansion from $18.7 billion in 2025 to $319 billion in 2030, ultimately reaching $33 trillion by 2040. This growth trajectory relies heavily on SpaceX's role in constructing global connectivity and artificial intelligence infrastructure.