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SpaceX gains after Morgan Stanley flags AI, Starship upside (SPCX:NASDAQ)

SpaceX headquarters in Hawthorne, California

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Shares of SpaceX (SPCX) rose about 4% on Monday after Morgan Stanley said the rocket and satellite company offered an “unusually cheap” way to play the growing space and artificial intelligence economy, reiterating an overweight rating and a $300 price target.

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