Morningstar values SpaceX at $780B, half its IPO target

Morningstar values SpaceX at $780 billion, half the amount it projected during its initial public offering target. The valuation reflects current market sentiment and financial modeling for the company. The assessment is based on Morningstar's independent research and analysis of SpaceX's financials. The figure represents a significant reduction from the $1.56 trillion IPO target. This evaluation underscores investor confidence in SpaceX's long-term performance metrics.