Morningstar Values SpaceX at $780 Billion, Below Its IPO Target

Morningstar analysts have valued Elon Musk's SpaceX at $780 billion, significantly below its reported target of $1.75 trillion for the upcoming initial public offering (IPO). The firm expressed concerns over uncertainties in SpaceX’s AI business and technological challenges facing Starlink.

By Niket Nishant Tue, June 2, 2026 at 3:52 PM GMT+3 2 min read · Yahoo Finance ·

Morningstar Values SpaceX at $780 Billion, Below Its IPO Target

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Topics: AI business IPO valuation Morningstar analysis SpaceX

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