Morningstar's valuation of SpaceX stands at only 780 billion, less than half of the rumored IPO target, sparking debate over whether the 'largest IPO in history' is overpriced.
According to MarsBit, Morningstar has valued SpaceX at just 780 billion, a figure that is less than half of the rumored IPO target for the company.
Market speculation had previously suggested that SpaceX could go public at a valuation exceeding $1.5 trillion. Morningstar's much lower estimate has left investors questioning the pricing of what could be the largest IPO ever.
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