Morningstar analysts believe SpaceX is “significantly overvalued” ahead of its blockbuster IPO.
The analysts say xAI poses a “material threat of value destruction” to the company, with its “economic moat indeterminate.”
Morningstar values SpaceX at $780 billion, which is roughly 48% below its private market valuation of $1.5 trillion.
I buy a house, I set it on fire with my foolish ways, I then put it back on the market with a cartoon drawn facia placed in front, to make it look whole, priced at quadruple.
No, no the house is fine
Advertise a really nice house, post great pictures of it, Talk about how it’s the nicest house in the block ……. Then park a beat up RV and an old rusted out bus in the front yard