AIThe Motley Fool2 days ago
SpaceX IPO targets $1.77 trillion valuation
1 min read
SpaceX plans to go public on June 12, targeting a $1.77 trillion valuation and raising $75 billion or more. Morningstar calls the stock significantly overvalued, estimating true value at $780 billion. The company claims a $28.5 trillion total addressable market, with $26.5 trillion tied to AI.
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