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(52,495 posts) Tue Jun 2, 2026, 05:21 PM 23 hrs ago

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 23 hrs ago OP

stupid piece of crap is only 'worth' a few 100 million. Everything else is HYPE. don't fall for it !! dave99 23 hrs ago #1

"only 'worth' a few 100 million" EX500rider 22 hrs ago #4

revenue -- final line ? dave99 22 hrs ago #6

If Starlink income wasn't swamped by xAI losses it might be a decent investment. pat_k 17 hrs ago #13

Their revenue is less than their expenses. Shipwack 14 hrs ago #22

Trump said his shit "company" was worth at least $100 at it's IPO all those years Bengus81 8 hrs ago #31

Musk is counting on irrational exuberance among his cult followers to keep early demand high for the stock muriel_volestrangler 22 hrs ago #2

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

The forced Nasdaq buying sure looks like a scam flamingdem 15 hrs ago #20

Lots of competition in Space Exploration bucolic_frolic 22 hrs ago #3

I doubt even that makes sense. Nt BootinUp 22 hrs ago #5

Who could have known that there was a massive downside risk to being hyperpartisan and nationalist Prairie Gates 21 hrs ago #7

I hate that the SpaceX piece of shit will probably be added to my XMAG ETF. pat_k 21 hrs ago #8

$60 to $70 billion tops WSHazel 20 hrs ago #9

And Elon Musk owns approx. 42% of Space X, so his net worth will increase by $750 billion and send him... OGBuzz 19 hrs ago #10

i think teh IPO will mark a market top moonshinegnomie 19 hrs ago #11

Wouldn't nvidia be the beneficiary of Space X success? flamingdem 14 hrs ago #21

The felon shoveling hundreds of millions of our tax dollars at the Mag 10 is propping things up. pat_k 12 hrs ago #26

it may be moonshinegnomie 8 hrs ago #32

Can SpaceX install data centers in space on Elon's timeline? eringer 18 hrs ago #12

There is no good business case for data centers in space. paulkienitz 17 hrs ago #16

Environmental Issues Must be Overcome eringer 15 hrs ago #18

There is no way you can make the math work paulkienitz 14 hrs ago #24

Lots of technical reasons against it happening, too. Shipwack 14 hrs ago #23

Agree that the problems seem insurmountable eringer 11 hrs ago #28

How many times have Elon's timelines been met? LudwigPastorius 15 hrs ago #19

...like they're making "short work" of the Starship? paulkienitz 14 hrs ago #25

Well maybe if Muskrat should fix the issue of his rockets exploding.................. turbinetree 17 hrs ago #14

Musk's rockets don't explode, they experience unscheduled rapid disassembly pat_k 12 hrs ago #27

And taxpayers are paying for this exploding stuff............I wouldn't trust this device for moon exploration turbinetree 7 hrs ago #34

Morningstar is being wildly optimistic. paulkienitz 17 hrs ago #15

My 23 year old Mercedes is worth at least forty million dollars. twodogsbarking 8 hrs ago #29

and looks like barbtries 8 hrs ago #30

Our tax dollars at work. Emile 7 hrs ago #33