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Morgan Stanley earns $100M from SpaceX
American investment bank Morgan Stanley has achieved over $100 million in annual revenue from the new assets it attracted during the second quarter of 2026. These assets were partly derived from the share offering of SpaceX, owned by Elon Musk. The bank indicated that managing these assets, especially from clients in the space technology and artificial intelligence sectors, enhances its ability to attract more wealth management clients. Customers who own startups valued at around a billion dollars account for approximately 70% of the bank's top 100 client companies.
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