• 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.

  • vaultdweller013@sh.itjust.works
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    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.