Updated
Updated · Seeking Alpha · Jul 24
Musk Previews New Grok AI Models as Morgan Stanley Sees Zero AI Value at $100
Updated
Updated · Seeking Alpha · Jul 24

Musk Previews New Grok AI Models as Morgan Stanley Sees Zero AI Value at $100

3 articles · Updated · Seeking Alpha · Jul 24

Summary

  • Elon Musk said new Grok AI models are coming shortly, offering a fresh product signal around xAI’s chatbot efforts.
  • Morgan Stanley separately put SpaceX in focus Friday, saying a $100 share price would imply the company carries “zero” value tied to artificial intelligence.
  • That juxtaposition leaves Musk touting near-term AI model releases even as a major bank argues current valuation assumptions do not reflect AI upside.

Insights

If SpaceX falls to $100, is Wall Street really pricing Grok and its AI business at zero?
Can SpaceX’s huge AI spending and reported Google-scale contracts justify a premium beyond Starlink and rockets?