SpaceX Will Stay Above $80 As Jonas Sticks To $300 Target

SpaceX will not hit $80 in August, and shares will hold above that level after the 35% gain between August 5 and August 13. Short interest fell from 34% to 11% during that run, and Morgan Stanley analyst Adam Jonas reiterated an Overweight rating and a $300 price target on August 13. SpaceX will sh…