Can SpaceX’s latest rally take Musk’s fortune even higher?
SpaceX shares surged 8% to a June-high close after Morgan Stanley reiterated its bullish outlook, citing AI, chipmaking and Starship opportunities. Elon Musk confirmed ongoing TSMC talks for potential chip production, while Starship Flight 15 could provide another catalyst. The rally also pushed Musk’s estimated wealth above $1 trillion.
Key Takeaways
- SpaceX shares surged 8% to a June-high close after Morgan Stanley reiterated its bullish outlook, citing AI, chipmaking and Starship opportunities.
- Elon Musk confirmed ongoing TSMC talks for potential chip production, while Starship Flight 15 could provide another catalyst.
- The rally also pushed Musk’s estimated wealth above $1 trillion.
SpaceX shares surged 8% to a June-high close after Morgan Stanley reiterated its bullish outlook, citing AI, chipmaking and Starship opportunities. Elon Musk confirmed ongoing TSMC talks for potential chip production, while Starship Flight 15 could provide another catalyst. The rally also pushed Musk’s estimated wealth above $1 trillion.
Original Publisher Attribution
This summary was curated from Economic Times.