SpaceX said it's worth $1.75 trillion. Morningstar just said the real number is less than half of that.

SpaceX filed its IPO targeting $1.75 trillion valuation. Morningstar just published their independent analysis. Their number: under $800 billion. That's a $950 billion gap between what Elon is asking for and what analysts think it's actually worth. Nearly a trillion dollars of "trust me bro" valuation. Wall Street is about to find out which number is right. submitted by /u/FinanceLearn [link] [comments]