June 2 : Morningstar analysts pegged SpaceX's valuation at $780 billion, less than half of what the Elon Musk-led company is reportedly targeting in its initial public offering, ahead of a planned roadshow this week.Prospects for the company's artificial intelligence business, which includes xAI and social me

Elon Musk’s AI and rockets company will launch on the stock market on 12 June

SpaceX plans to go public as early as this month in what's expected to be the biggest IPO in history. Morningstar put the valuation at $780 billion.

Elon Musk's SpaceX is aiming to raise approximately $75 billion this month through its initial public offering. The company is reportedly negotiating with underwriting banks to…