SpaceX Shares Top $160 on Morgan Stanley Note as Musk's Wealth Surpasses Taiwan's GDP

Key Facts

1SpaceX shares surged past $160 following a bullish research note from Morgan Stanley.

2The surge in SpaceX's valuation propelled Elon Musk's net worth above the GDP of Taiwan.

SpaceX shares surged past the $160 level following a bullish research note from Morgan Stanley. 247wallst.com reported that the jump in SpaceX's valuation propelled Elon Musk's net worth above the gross domestic product of Taiwan.

SPCX closed at $171.09 on October 5, 2026, while Morgan Stanley (MS) shares closed at $190.19 on the same date. This price action occurred alongside mixed performance in the banking sector, with Goldman Sachs (GS) closing at $893.46 and JPMorgan (JPM) at $332.38 on October 5, 2026.