SpaceX's first financial report countdown, Morgan Stanley maintains a target price of $300: the most dangerous moment has arrived, and AI value is still underestimated

SpaceX will release its first financial report after the IPO on August 4, and Morgan Stanley views this as the "most dangerous moment," believing that the market focus will be on management's outlook for AI, Starlink, and Starship development rather than short-term financial data. Despite the stock price falling about 50% from its peak to $112, and approximately $100 billion in restricted shares set to be unlocked on August 6, Morgan Stanley maintains a target price of $300, pointing out that the value of AI is still underestimated