Morgan Stanley: SpaceX could be a $175 billion company if Elon Musk's Starlink internet plan works

A SpaceX Falcon 9 rocket lifts off from Cape Canaveral Air Force Station carrying 60 Starlink satellites on November 11, 2019 in Cape Canaveral, Florida. The Starlink constellation will eventually consist of thousands of satellites designed to provide world wide high-speed internet service.Morgan Stanley on Monday updated its long-term valuation estimate forSpaceX, in a deep-dive research report that says the company's value could soar if its ambitious satellite internet network succeeds.

SpaceX's valuation could reach as high as $175 billion in Morgan Stanley's most optimistic "bull case" scenario, the firm said.and Morgan Stanley expects that to reach $50 billion in its "base case," or most likely, scenario. But, if the wheels fall off SpaceX's several current projects, the Morgan Stanley team of analysts say the company's valuation would fall as low as $200 million in a "bear case" scenario.

Pro This article says SpaceX could be worth between 200 million and 175 Billion. Wow, thanks for that price target.

Pro All these 5G antennas are gonna be obsolete when StarLink proof of concept kicks in. StarLink alone is a Trillion dollar company.

Pro Undervalued they’re worth TRILLIONS!!!!!

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Next stock market crash: Morgan Stanley sees 'danger zone' in the fall - Business InsiderBusiness Insider is a fast-growing business site with deep financial, media, tech, and other industry verticals. Launched in 2007, the site is now the largest business news site on the web. ‘The rally!’ Give me a break. People are dying at nearly 1k a day, there’s no plan to deal with that, the tanking economy or a likely constitutional crisis. No one cares about them rally!’
Source: BusinessInsider - 🏆 729. / 51 Read more »