A post by @DeItaone on X.
$SPCX - SPACEX, TESLA SLIDE DESPITE MORGAN STANLEY'S BULLISH OUTLOOK
@DeItaone on X
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SpaceX shares fell 5% and Tesla dropped 5.6% despite Morgan Stanley raising its SpaceX price target, as Democratic election gains fueled concerns over heightened regulatory scrutiny and Elon Musk's political exposure. Morgan Stanley lifted its SpaceX target, though the tweet did not specify the new figure. The simultaneous selloffs in both Musk-linked names signal that investors are pricing political and regulatory risk into the stocks rather than trading on analyst fundamentals. The moves matter because they show how quickly sentiment around Musk's political profile can override bullish brokerage calls. What to watch next is whether the Democratic gains translate into concrete regulatory action, and whether Morgan Stanley's revised target draws buyers back into SpaceX.
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Named in this story
SpaceX, Tesla (TSLA), Morgan Stanley (MS), Elon Musk
A linked name opens that asset's sentiment page.