Morningstar Sees SpaceX Worth Half Its IPO Price

Morningstar thinks SpaceX is worth roughly half of what the rocket and satellite company is asking the public to pay. In its first research coverage of the company, the firm pegged fair value at $780 billion, far below the roughly $1.75 trillion valuation SpaceX is targeting in its initial public offering. Analyst Nicolas Owens however […] The post Morningstar Sees SpaceX Worth Half Its IPO Price appeared first on the deep dive.