SpaceX shares rose on Monday evening, Adelaide time, after Morgan Stanley told its clients the stock is "cheap and getting cheaper". In a note dated Sunday 4 October, US time, analyst Adam Jonas kept his Overweight rating and his US$300 price target on SpaceX, which trades on Nasdaq as SPCX. Benzinga Pro data had the shares up 3.6 per cent at US$164.63 on Monday morning in New York.

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