SpaceX targets an IPO on June 12 with a share price of $135 and a valuation around $1.77 trillion, aiming to raise up to $75 billion. The company claims a $28.5 trillion total addressable market, with $26.5 trillion tied to its AI division. Morningstar warns investors against the hype.
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SpaceX in 5 Years: Boom, Bust, or Quietly Crushing It?
Summary by ByteBrief