Michael Grimes Rejoins Morgan Stanley as Chairman of Investment Banking
Written by Emily J. Thompson, Senior Investment Analyst
Updated: Feb 10 2026
0mins
Should l Buy MS?
Michael Grimes has rejoined Morgan Stanley as chairman of investment banking, positioning himself for a potential role in the anticipated IPO of Elon Musk's SpaceX, The Wall Street Journal's Corrie Driebusch and Becky Peterson reports. SpaceX's valuation reached $1.25T after merging with xAI and is expected to raise tens of billions in an offering, the report notes. Grimes previously aided Tesla's 2010 IPO and the 2022 acquisition of Twitter.
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Analyst Views on MS
Wall Street analysts forecast MS stock price to rise
14 Analyst Rating
7 Buy
7 Hold
0 Sell
Moderate Buy
Current: 171.150
Low
132.00
Averages
185.00
High
219.00
Current: 171.150
Low
132.00
Averages
185.00
High
219.00
About MS
Morgan Stanley is a global financial services company. The Company is engaged in providing a range of investment banking, securities, wealth management and investment management services. Its segments include Institutional Securities, Wealth Management and Investment Management. Its Institutional Securities segment provides a variety of products and services to corporations, governments, financial institutions and ultra-high net worth clients. Its Wealth Management segment provides an array of financial services and solutions to individual investors and small to medium-sized businesses and institutions. Its Investment Management segment provides a range of investment strategies and products that span geographies, asset classes, and public and private markets to a diverse group of clients across institutional and intermediary channels. Its investment banking services consist of capital raising and financial advisory services, including the underwriting of debt and other products.
About the author
Emily J. Thompson
Emily J. Thompson, a Chartered Financial Analyst (CFA) with 12 years in investment research, graduated with honors from the Wharton School. Specializing in industrial and technology stocks, she provides in-depth analysis for Intellectia’s earnings and market brief reports.
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- Stable Funding Support: This structure not only provides stable funding for loan origination partners but also helps insurance capital efficiently access consumer credit through predictable cash flows and a long-term reinvestment framework, aligning with their asset-liability management objectives.
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