Morgan Stanley: SpaceX’s triumph counters doubts
Morgan Stanley pointed out that SpaceX's 13th mission was a significant step in the development of the Starship rocket, marked by major successes including the launch of the first Starlink V3 satellites, the successful restart of Raptor engines, and an improved ocean landing of the vehicle, although the rocket did not land completely upright. This progress boosts investor confidence and paves the way toward an orbital flight and future programs for catching the upper stage and rocket. Despite potential criticism over the rough landing, the company views these results as important progress, with continued optimism for future successes and a buy recommendation targeting a stock price of $300.
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