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Analyst Brings SpaceX Valuation Down To Earth
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Morningstar initiated coverage on SpaceX, cautioning investors that the company has been significantly overvalued and there will be opportunities to buy the stock at more attractive levels after the IPO. Analyst Nicolas Owens and Equity Director Suryansh Sharma placed their valuation on SpaceX at $780 billion. That's well below valuations from the private market and other estimates, which range from…













