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(52,526 posts) Tue Jun 2, 2026, 05:21 PM Jun 2

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 Jun 2 OP

stupid piece of crap is only 'worth' a few 100 million. Everything else is HYPE. don't fall for it !! dave99 Jun 2 #1

"only 'worth' a few 100 million" EX500rider Jun 2 #4

revenue -- final line ? dave99 Jun 2 #6

If Starlink income wasn't swamped by xAI losses it might be a decent investment. pat_k Jun 2 #13

Their revenue is less than their expenses. Shipwack Jun 3 #22

Trump said his shit "company" was worth at least $100 at it's IPO all those years Bengus81 Jun 3 #31

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

Over the last year I have backed out of all my large-cap and index-tracking funds. paulkienitz Jun 2 #17

The forced Nasdaq buying sure looks like a scam flamingdem Jun 3 #20

Lots of competition in Space Exploration bucolic_frolic Jun 2 #3

I doubt even that makes sense. Nt BootinUp Jun 2 #5

Who could have known that there was a massive downside risk to being hyperpartisan and nationalist Prairie Gates Jun 2 #7

I hate that the SpaceX piece of shit will probably be added to my XMAG ETF. pat_k Jun 2 #8

What I do is pick and choose my own stocks. Have not lost yet. efhmc Sunday #39

I didn't do so well at that 2000-2010 and shifted my modest investments over to a couple index funds, pat_k Sunday #40

This message was self-deleted by its author pat_k Sunday #41

$60 to $70 billion tops WSHazel Jun 2 #9

And Elon Musk owns approx. 42% of Space X, so his net worth will increase by $750 billion and send him... OGBuzz Jun 2 #10

i think teh IPO will mark a market top moonshinegnomie Jun 2 #11

Wouldn't nvidia be the beneficiary of Space X success? flamingdem Jun 3 #21

The felon shoveling hundreds of millions of our tax dollars at the Mag 10 is propping things up. pat_k Jun 3 #26

it may be moonshinegnomie Jun 3 #32

This message was self-deleted by its author fujiyamasan Jun 3 #37

Can SpaceX install data centers in space on Elon's timeline? eringer Jun 2 #12

There is no good business case for data centers in space. paulkienitz Jun 2 #16

Environmental Issues Must be Overcome eringer Jun 3 #18

There is no way you can make the math work paulkienitz Jun 3 #24

China has a better idea: sink them in the ocean. paulkienitz Jun 3 #35

Lots of technical reasons against it happening, too. Shipwack Jun 3 #23

Agree that the problems seem insurmountable eringer Jun 3 #28

How many times have Elon's timelines been met? LudwigPastorius Jun 3 #19

...like they're making "short work" of the Starship? paulkienitz Jun 3 #25

Well maybe if Muskrat should fix the issue of his rockets exploding.................. turbinetree Jun 2 #14

Musk's rockets don't explode, they experience unscheduled rapid disassembly pat_k Jun 3 #27

And taxpayers are paying for this exploding stuff............I wouldn't trust this device for moon exploration turbinetree Jun 3 #34

Morningstar is being wildly optimistic. paulkienitz Jun 2 #15

My 23 year old Mercedes is worth at least forty million dollars. twodogsbarking Jun 3 #29

and looks like barbtries Jun 3 #30

Our tax dollars at work. Emile Jun 3 #33

Once Space X goes public... The Grand Illuminist Jun 3 #36

...or it won't, and the AI bubble starts deflating right then. paulkienitz Saturday #38