SpaceX stock traded up 6.16% on 5 October 2026, reaching $168.76 as of 1:42PM EDT. ^[4] Morgan Stanley analyst Adam Jonas reiterated an Overweight rating and $300 price target for the company the same day. ^[5] Jonas valued SpaceX's core rocket and Starlink businesses at $127 per share, and argued the market is undervaluing the company's AI operations. ^[1] Jonas identified the upcoming Starship Flight 15 mission, expected late October or early November, as the most significant catalyst for the stock since SpaceX's June public listing. ^[2] The stock gained 5.1% in morning trading. It is up 16.07% over one week and 25.07% year to date. ^{[3] [4]}