Engage the hyperdrive! Once again, things are moving crazy fast in the world of Elon Musk.

On Wednesday night, Morgan Stanley tech analyst Adam Jonas published a note reacting to a story in The Wall Street Journal suggesting that Musk’s SpaceX was considering raising capital at a valuation of $US800 billion ($1.2 trillion), double what the privately held rocket and satellite communications business was worth just five months ago.

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