The analysts see a wide range of possibilities around xAI and find its "economic moat indeterminate."

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.

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,…

The research firm says SpaceX has been significantly overvalued and warns investors to wait for better prices after the debut

This assessment comes ahead of a planned roadshow scheduled for this week

The analysts see a wide range of possibilities around xAI and find its "economic moat indeterminate."

A top analyst says its IPO is overvalued and the best buying opportunity may come after insiders get the chance to sell.

A research firm has flagged SpaceX's IPO valuation as significantly overvalued, casting doubt on Elon Musk's target. Read more at straitstimes.com. Read more at straitstimes.com.

Morningstar analysts warned that the future promise of SpaceX’s AI segment relies on untested technology. Read more at straitstimes.com. Read more at straitstimes.com.

Morningstar analysts pegged SpaceX‘s valuation at US$780 billion, less than half the US$1.77 trillion company is targetting. Read more at straitstimes.com. Read more at…

Elon Musk is the world’s richest man and another of his companies will go public this month

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SpaceX targets a $75 billion IPO at $135 per share, seeking a $1.8 trillion NASDAQ valuation. Morningstar estimates the company is worth 57% less.

Morningstar values SpaceX at $780 billion, 56% below the $1.77 trillion IPO price, and says patient investors will get a better entry later.