Recent bullish analyst commentary has propelled SPCX higher, with Morgan Stanley reiterating an Overweight rating and $300 target on October 5 while highlighting undervaluation on growth-adjusted metrics, particularly the AI computing segment now generating over $2.5 billion in quarterly revenue. The stock surged 7.6% that session to close at $171.09 and added further gains the next day amid strong volume, reflecting trader focus on Starship progress, neocloud contract potential, and upcoming Q3 earnings in late October. Market-implied odds concentrate in the $165–$175 ranges as participants price in continued momentum from these catalysts, while lower bins capture residual volatility risks tied to the post-June IPO pullback from $225 highs and elevated valuation multiples near 40 times forward sales.