Investment bank Morgan Stanley has maintained its target price for SpaceX shares at three hundred dollars. The optimistic scenario of analysts assumes an increase in quotations to six hundred dollars per security. The Space Corporation plans to absorb the Cursor code writing platform for sixty billion dollars. Payment for this transaction will be made in ordinary shares after the third quarter. The Cursor platform belongs to the startup Anywhere and offers an interface based on artificial intelligence. This tool is currently used by more than sixty percent of Fortune 500 companies. At the current share price, the bank estimates SpaceX's AI business at about twelve dollars. This estimate is noticeably lower than that of comparable companies in the cloud computing segment. The deal to purchase the startup was officially announced back in June last year. The takeover process is expected to be completed in the third quarter of 2017.

The companies have been actively cooperating in the field of machine learning since April of this year. The Grok 4.5 model was jointly trained on the data of interaction with this platform. This neural network has been running inside the platform as a basic model since the first day. Analysts predict Cursor's annual recurring revenue to grow to eight billion dollars. This figure will reach thirty-three billion dollars by the end of 2017. The platform will provide the space corporation with two and a half billion in revenue this year. Next year, this figure will grow to thirteen billion US dollars. The gross margin of the project will be positive in the third quarter of this year. By 2030, margins will reach the low sixty percent range thanks to new models. Tasks will be performed through the updated Composer interface and native language models.

Experts have identified a number of upcoming catalysts for further growth of quotations on the stock exchange. Investors are waiting for the disclosure of additional information on the results of the reporting for the third quarter. In the coming weeks, the market expects new Grok 4.6 and 4.7 models to appear. The full release of the Grok 5 version is scheduled before the end of the current calendar year. The developers are also preparing a possible release of an updated version of the Composer 3 tool. Periodic recurring revenue data will become an important indicator for market participants.

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The material has been prepared solely for informational purposes and does not constitute financial advice or recommendation.