Morgan Stanley says SpaceX AI unit could be worth near zero as shares tumble

Morgan Stanley says SpaceX AI unit could be worth near zero as shares tumble

Morgan Stanley analysts said SpaceX's artificial-intelligence unit, Grok, could be valued at essentially zero if the company's share price slipped to $100, after the stock fell about 28. 5% from its debut level. SpaceX's shares have experienced pronounced volatility since the debut, sliding from a peak above $200 to around $110 and briefly falling below the $135 IPO price.

Reports indicated that short-seller positions rose to roughly 32% of the float, about 206 million shares. Earlier, GMO co-founder Jeremy Grantham described the IPO as the most extreme ever and cautioned investors about the valuation, while analyst Gary Black warned that the market value exceeded reasonable revenue multiples. Despite the price drop, ARK Invest chief Cathie Wood defended a bullish outlook, saying the company could become a pivotal global player.

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July 26, 2026
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Morgan Stanley Says SpaceX AI Division Valued Near Zero as Shares Fall
Morgan Stanley Says SpaceX AI Division Valued Near Zero as Shares Fall

Forbes • 26 Jul 20:33

Morgan Stanley analysts estimate that SpaceX's AI unit, Grok, may be valued at essentially zero if the stock drops to $100, while the company's overall share price has fallen 28.5% since its IPO.

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July 24, 2026
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SpaceX shares tumble nearly 30% since debut, investors voice frustration
SpaceX shares tumble nearly 30% since debut, investors voice frustration

Futurism • 24 Jul 19:17

SpaceX stock has fallen from above $225 to about $110 since its public debut, prompting investors to express disappointment and concern over valuation and test-flight delays.

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July 22, 2026
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Short Sellers Increase Bets as SpaceX Shares Slip to Low of $118
Short Sellers Increase Bets as SpaceX Shares Slip to Low of $118

Futurism • 22 Jul 17:58

Short sellers have raised their positions in SpaceX, with about 206 million shares now shorted as the stock fell to $118, while the company prepares to release its first quarterly earnings report.

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ARK Invest chief defends bullish stance on SpaceX despite share price decline
ARK Invest chief defends bullish stance on SpaceX despite share price decline

Fox Business • 22 Jul 14:15

Cathie Wood said SpaceX could become a pivotal global company even as its stock has fallen and a large share unlock approaches.

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Elon Musk warns short sellers of low survival odds as bets on SpaceX reach $25 billion
Elon Musk warns short sellers of low survival odds as bets on SpaceX reach $25 billion

The Motley Fool • 22 Jul 04:23

SpaceX short interest has risen to about 32% of its tradable float, valued at roughly $25 billion, prompting CEO Elon Musk to caution that firms maintaining large short positions face a low probability of survival.

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July 21, 2026
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SpaceX shares tumble after volatile debut following June 2026 IPO
SpaceX shares tumble after volatile debut following June 2026 IPO

Forbes • 21 Jul 01:46

SpaceX's stock opened at $150 on its June 12, 2026 IPO, peaked above $200, and fell to around $125 by late July, illustrating typical post-IPO volatility.

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July 20, 2026
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Analyst Warns SpaceX Valuation May Exceed Reasonable Levels
Analyst Warns SpaceX Valuation May Exceed Reasonable Levels

Benzinga • 20 Jul 02:17

Analyst Gary Black says SpaceX's market value is out of line with typical revenue multiples and cautions investors not to treat the company as a guaranteed stock winner.

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July 18, 2026
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SpaceX shares slip below IPO price after analysts set uniformly bullish targets
SpaceX shares slip below IPO price after analysts set uniformly bullish targets

Fortune • 18 Jul 08:00

SpaceX stock fell below its $135 IPO price as analysts from major banks, who had issued largely optimistic price targets, saw the shares slide toward $125.

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July 17, 2026
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SpaceX shares slip below IPO price after aborted Starship launch
SpaceX shares slip below IPO price after aborted Starship launch

Business Insider • 17 Jul 11:28

SpaceX's stock fell below its $135 IPO price following a cancelled Starship launch, wiping out roughly $1 trillion in market value since its June peak.

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SpaceX shares slide 40% from IPO peak as analysts cite demand slowdown and profit concerns
SpaceX shares slide 40% from IPO peak as analysts cite demand slowdown and profit concerns

ABC News - Breaking News, Latest News and Videos • 17 Jul 00:31

SpaceX stock fell to about $133, roughly 40% below its recent high, with analysts pointing to waning investor enthusiasm and uncertainty over the company's profitability.

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July 15, 2026
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Analysts Question Whether SpaceX Stock Can Turn Average Investors Into Millionaires
Analysts Question Whether SpaceX Stock Can Turn Average Investors Into Millionaires

The Motley Fool • 15 Jul 01:05

Financial analysts note that SpaceX's trillion-dollar valuation makes it unlikely for most investors to achieve millionaire status without large capital or decades of holding, suggesting other opportunities may be more suitable.

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July 11, 2026
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SpaceX shares up about 8% in first month after record IPO
SpaceX shares up about 8% in first month after record IPO

Finbold • 11 Jul 12:43

A $1,000 investment made at SpaceX's IPO price on June 11 has risen to roughly $1,076, while a purchase at the first-day close would now be worth about $902.

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July 08, 2026
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GMO co-founder Jeremy Grantham warns of risks in SpaceX's record IPO
GMO co-founder Jeremy Grantham warns of risks in SpaceX's record IPO

Fox Business • 08 Jul 16:35

Jeremy Grantham, co-founder of GMO, called SpaceX's $75 billion Nasdaq-100 debut the most extreme IPO ever and cautioned investors about its valuation and long-term outlook.

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