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(52,497 posts) Tue Jun 2, 2026, 05:21 PM Tuesday

SpaceX valued at just $780 billion by Morningstar, less than half its IPO target [View all]

Source: finance.yahoo.com

SpaceX (SPAX.PVT) just got slapped with a bearish valuation ahead of its monster IPO coming up later this month. The report signals that one of the most anticipated offerings in years may be significantly overpriced, just as CEO Elon Musk tries to justify the valuation.

Morningstar initiated coverage of SpaceX with a fair-value estimate of just $780 billion, less than half the roughly $1.8 trillion valuation the company is targeting in its initial public offering.

Analyst Nicolas Owens’s discounted cash flow model valued SpaceX’s core launch and Starlink satellite businesses at about $611 billion in enterprise value, plus an additional $170 billion in “probability-weighted scenarios” for the company’s AI operations.

Read more: https://finance.yahoo.com/markets/article/spacex-valued-at-just-780-billion-by-morningstar-less-than-half-its-ipo-target-174617034.html

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SpaceX valued at just $780 billion by Morningstar, less than half its IPO target [View all] question everything Tuesday OP

stupid piece of crap is only 'worth' a few 100 million. Everything else is HYPE. don't fall for it !! dave99 Tuesday #1

"only 'worth' a few 100 million" EX500rider Tuesday #4

revenue -- final line ? dave99 Tuesday #6

If Starlink income wasn't swamped by xAI losses it might be a decent investment. pat_k Tuesday #13

Their revenue is less than their expenses. Shipwack Yesterday #22

Trump said his shit "company" was worth at least $100 at it's IPO all those years Bengus81 23 hrs ago #31

Musk is counting on irrational exuberance among his cult followers to keep early demand high for the stock muriel_volestrangler Tuesday #2

Over the last year I have backed out of all my large-cap and index-tracking funds. paulkienitz Tuesday #17

The forced Nasdaq buying sure looks like a scam flamingdem Yesterday #20

Lots of competition in Space Exploration bucolic_frolic Tuesday #3

I doubt even that makes sense. Nt BootinUp Tuesday #5

Who could have known that there was a massive downside risk to being hyperpartisan and nationalist Prairie Gates Tuesday #7

I hate that the SpaceX piece of shit will probably be added to my XMAG ETF. pat_k Tuesday #8

$60 to $70 billion tops WSHazel Tuesday #9

And Elon Musk owns approx. 42% of Space X, so his net worth will increase by $750 billion and send him... OGBuzz Tuesday #10

i think teh IPO will mark a market top moonshinegnomie Tuesday #11

Wouldn't nvidia be the beneficiary of Space X success? flamingdem Yesterday #21

The felon shoveling hundreds of millions of our tax dollars at the Mag 10 is propping things up. pat_k Yesterday #26

it may be moonshinegnomie 23 hrs ago #32

This message was self-deleted by its author fujiyamasan 12 hrs ago #37

Can SpaceX install data centers in space on Elon's timeline? eringer Tuesday #12

There is no good business case for data centers in space. paulkienitz Tuesday #16

Environmental Issues Must be Overcome eringer Yesterday #18

There is no way you can make the math work paulkienitz Yesterday #24

China has a better idea: sink them in the ocean. paulkienitz 12 hrs ago #35

Lots of technical reasons against it happening, too. Shipwack Yesterday #23

Agree that the problems seem insurmountable eringer Yesterday #28

How many times have Elon's timelines been met? LudwigPastorius Yesterday #19

...like they're making "short work" of the Starship? paulkienitz Yesterday #25

Well maybe if Muskrat should fix the issue of his rockets exploding.................. turbinetree Tuesday #14

Musk's rockets don't explode, they experience unscheduled rapid disassembly pat_k Yesterday #27

And taxpayers are paying for this exploding stuff............I wouldn't trust this device for moon exploration turbinetree 22 hrs ago #34

Morningstar is being wildly optimistic. paulkienitz Tuesday #15

My 23 year old Mercedes is worth at least forty million dollars. twodogsbarking 23 hrs ago #29

and looks like barbtries 23 hrs ago #30

Our tax dollars at work. Emile 22 hrs ago #33

Once Space X goes public... The Grand Illuminist 12 hrs ago #36