<?xml version="1.0" encoding="UTF-8"?><edgarSubmission xmlns="http://www.sec.gov/edgar/ownership" xmlns:ns2="http://www.sec.gov/edgar/common">
    <headerData>
        <submissionType>144</submissionType>
        <filerInfo>
            <filer>
                <filerCredentials>
                    <cik>0001466170</cik>
                    <ccc>XXXXXXXX</ccc>
                </filerCredentials>
            </filer>
            <liveTestFlag>LIVE</liveTestFlag>



        </filerInfo>
    </headerData>
    <formData>
        <issuerInfo>
            <issuerCik>0000895421</issuerCik>
            <issuerName>MORGAN STANLEY</issuerName>
            <secFileNumber>001-11758</secFileNumber>
            <issuerAddress>
                <ns2:street1>1585 Broadway</ns2:street1>
                <ns2:city>New York</ns2:city>
                <ns2:stateOrCountry>NY</ns2:stateOrCountry>
                <ns2:zipCode>10036</ns2:zipCode>
            </issuerAddress>
            <issuerContactPhone>(212) 761-4000</issuerContactPhone>
            <nameOfPersonForWhoseAccountTheSecuritiesAreToBeSold>MORGAN STANLEY SMITH BARNEY LLC</nameOfPersonForWhoseAccountTheSecuritiesAreToBeSold>
            <relationshipsToIssuer>
                <relationshipToIssuer>Indirectly controlled by the issuer</relationshipToIssuer>
            </relationshipsToIssuer>
        </issuerInfo>
        <securitiesInformation>
            <securitiesClassTitle>Common</securitiesClassTitle>
            <brokerOrMarketmakerDetails>
                <name>Morgan Stanley &amp;  Co. LLC</name>
                <address>
                    <ns2:street1>1585 Broadway</ns2:street1>
                    <ns2:city>New York</ns2:city>
                    <ns2:stateOrCountry>NY</ns2:stateOrCountry>
                    <ns2:zipCode>10036</ns2:zipCode>
                </address>
            </brokerOrMarketmakerDetails>
            <noOfUnitsSold>4040</noOfUnitsSold>
            <aggregateMarketValue>869044.40</aggregateMarketValue>
            <noOfUnitsOutstanding>1577284817</noOfUnitsOutstanding>
            <approxSaleDate>07/20/2026</approxSaleDate>
            <securitiesExchangeName>NYSE</securitiesExchangeName>
        </securitiesInformation>
        <securitiesToBeSold>
            <securitiesClassTitle>Common</securitiesClassTitle>
            <acquiredDate>07/13/2026</acquiredDate>
            <natureOfAcquisitionTransaction>Please see remarks</natureOfAcquisitionTransaction>
            <nameOfPersonfromWhomAcquired>Please see remarks</nameOfPersonfromWhomAcquired>
            <isGiftTransaction>N</isGiftTransaction>
            <amountOfSecuritiesAcquired>4040</amountOfSecuritiesAcquired>
            <paymentDate>07/13/2026</paymentDate>
            <natureOfPayment>Cash</natureOfPayment>
        </securitiesToBeSold>
        <nothingToReportFlagOnSecuritiesSoldInPast3Months>N</nothingToReportFlagOnSecuritiesSoldInPast3Months>
        <securitiesSoldInPast3Months>
            <sellerDetails>
                <name>MORGAN STANLEY SMITH BARNEY LLC</name>
                <address>
                    <ns2:street1>1585 Broadway</ns2:street1>
                    <ns2:city>New York</ns2:city>
                    <ns2:stateOrCountry>NY</ns2:stateOrCountry>
                    <ns2:zipCode>10036</ns2:zipCode>
                </address>
            </sellerDetails>
            <securitiesClassTitle>Common</securitiesClassTitle>
            <saleDate>04/20/2026</saleDate>
            <amountOfSecuritiesSold>2775</amountOfSecuritiesSold>
            <grossProceeds>531204.38</grossProceeds>
        </securitiesSoldInPast3Months>
        <remarks>This Form 144 relates to the sale of shares acquired through Morgan Stanley Smith Barney LLC's facilitation of customer liquidations of fractional shares during the period 04/17/26 through 07/13/26. Fractional shares are acquired by customers through the dividend reinvestment program (DRIP), employee stock purchase plan (ESPP) and account transfers (ACATs).</remarks>
        <noticeSignature>
            <noticeDate>07/20/2026</noticeDate>
            <planAdoptionDates/>
            <signature>/s/ Andrew Lunney</signature>
        </noticeSignature>
    </formData>
</edgarSubmission>
