SpaceYahoo Finance1 day ago
Morningstar: SpaceX IPO Value Could Be Overhyped
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Morningstar analysts signal SpaceX could be worth less than half its $1.75 trillion IPO price. The company posts roughly $20 billion in revenue with zero profitability. The host of Retire SMART Podcast told clients he does not recommend buying the IPO, citing no EBITDA, margins, or dividends to anchor the valuation.
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