▲ 357 ▼ SpaceX is worth less than half of its $1.75 trillion IPO target, Morningstar says (www.cnbc.com) submitted 3 months ago* by throws_lemy@lemmy.nz to c/news@lemmy.world 35 comments fedilink hide all child comments 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.
▲ 2 ▼ SpaceX is worth less than half of its $1.75 trillion IPO target, Morningstar says (www.cnbc.com) submitted 3 months ago by bot@lemmit.online [M, B] to c/technology@lemmit.online comment fedilink hide all child comments This is an automated archive made by the Lemmit Bot. The original was posted on /r/technology by /u/idkbruh653 on 2026-06-03 15:25:02+00:00.
▲ 113 ▼ SpaceX is worth less than half of its $1.75 trillion IPO target, Morningstar says (www.cnbc.com) submitted 3 months ago by remington@beehaw.org [M] to c/technology@beehaw.org 15 comments fedilink hide all child comments