JUST IN: Elon Musk’s SpaceX $SPCX is going VERTICAL.

$SPCXX has surged toward $175, pushing its valuation toward a staggering $2.38 TRILLION.

Shares already jumped 7.6% Monday, while Morgan Stanley remains bullish with a massive $300 price target.

From rockets and Starlink to AI — SpaceX is rapidly becoming one of the biggest companies on Earth.

$2.38 TRILLION. And Musk is still aiming for Mars.