Morgan Stanley Stock (MS) Rallies on SpaceX IPO Buzz as Wall Street Eyes January Earnings and Fresh Forecasts
Morgan Stanley shares rose about 2.3% to $176.87 Friday, rebounding from a recent slide. The move followed a Reuters report naming the bank as a leading contender to manage a possible SpaceX IPO. Investors also focused on upbeat 2026 dealmaking forecasts and anticipation of Morgan Stanley’s fourth-quarter results in January. Intraday trading ranged from $173.07 to $177.54.