SpaceThe Motley Foolabout 5 hours ago
SpaceX targets $1.77 trillion valuation in June 12 IPO
1 min read
SpaceX targets $1.77 trillion valuation in June 12 IPO, raising up to $75 billion. The company cites a $28.5 trillion TAM, with $26.5 trillion from AI. Morningstar disputes this, citing Grok's limited AI leadership and suggesting a $780 billion valuation instead. Investors face debate on whether the AI-driven valuation is justified.
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