SpaceX Climbs 5% as Musk Renames SpaceXAI to SpaceXSI, Morgan Stanley Reiterates $300 Target; Rocket Lab Slips, AST SpaceMobile Nudges Higher

Elon Musk just dropped a loaded rebrand on SpaceX's AI unit, and Wall Street responded with a reiterated target that dwarfs the current share price. Whether the rename signals a real strategic shift or just a terminology swap is the question now driving the stock.