According to CoinMeta, analysts predict that despite SpaceX's stock falling by more than 4% on Tuesday, its price could still reach $600. Morgan Stanley maintains a bullish valuation of $600 for SpaceX, while keeping a target of $300, noting the growth of its artificial intelligence business. On Tuesday, SpaceX's stock traded at $132.25, down 4.68% from $138.74 on Monday. Morgan Stanley analyst Adam Jonas Adam Jonas sets $300 as the target and assigns a valuation of $600 under a scenario of higher growth. The bank expects that corporate artificial intelligence will become a larger portion of SpaceX's revenue mix over time.