SpaceX is worth less than half of its $1.75 trillion IPO target, Morningstar says
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Source: CNBC
Published: 2026-06-03 19:19 UTC+10:00
Section: General
Factuality Score: 100
Opinion Category: Neutral
Topics: Technology & AI, Financial Markets, Technology
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Snippet:
SpaceX is expected to start trading on the Nasdaq in just over two weeks, but Morningstar analysts have warned that Elon Musk's tech behemoth is "significantly overvalued."
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