• Morningstar analysts believe SpaceX is “significantly overvalued” ahead of its blockbuster IPO.

  • The analysts say xAI poses a “material threat of value destruction” to the company, with its “economic moat indeterminate.”

  • Morningstar values SpaceX at $780 billion, which is roughly 48% below its private market valuation of $1.5 trillion.

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[–] 4 points 4 months ago (3 children)

Sooooo, short the ever-loving piss out of the launch?

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  • [–] 2 points 4 months ago (2 children)

    Serious question, what's the best way to get rich of this? My understanding is you can't buy options until few weeks after the IPO.

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