Changes in US stocks | SpaceX (SPCX.US) fell more than 3%, and the stock price fell to a new low since listing

The Zhitong Finance App learned that on Monday, SpaceX (SPCX.US) stock price hit a new low since listing, falling to a low of 109.53 US dollars. As of press release, the stock was down more than 3% to $111.15. According to the news, Morgan Stanley pointed out in the latest research report that although boosters were not fully recovered during the 13th SpaceX Starship test flight, this mission has significantly boosted market confidence. The bank emphasized that the test flight successfully completed key verification goals such as the deployment of the new-generation Starlink V3 satellite, the restart of the engine in orbit, and the smoothest sea splash so far, marking an important step towards complete reuse of the Starship system. Morgan Stanley believes that if Starship's 14th test flight enables the launch tower to directly capture the spacecraft's superior, it will be the next key catalyst driving up SpaceX's valuation. Based on the continued progress of Starship technology verification and its long-term potential in fields such as AI infrastructure and global satellite connectivity, the bank maintained an “gain” rating on SpaceX stock and reaffirmed its target price of 300 US dollars. The research report also pointed out that the rapid iteration and low-cost launch capabilities of Starships are the core cornerstones of SpaceX's construction of a “space+AI” complex ecosystem. With the acceleration of the Starlink V3 satellite networking and the advancement of orbital computing power layout, SpaceX is expected to further consolidate its dual leading position in commercial space and artificial intelligence infrastructure.