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

  • 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.

  • marine_mustang@sh.itjust.works
    22·
    3 days ago

    End game for Twitter/X and xAI; SpaceX took on significant debt to give Elon billions for them, now they are dragging SpaceX value down before they are foisted onto the shareholders. How long after the IPO will xAI get dissolved?

    • vaultdweller013@sh.itjust.works
      14·
      3 days ago

      Musk is running out of companies to merge so it may actually tank SpaceX, here’s hoping I the shockwaves ruin Tesla as well. Would be funny watching Musk shit himself when the banks start trying to collect loans where he used stock as collateral.