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.

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,…

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

SpaceX targets a $135 IPO price, suggesting a $1.75 trillion valuation. Market cap above $1 trillion at 98% YES.