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.


Sooooo, short the ever-loving piss out of the launch?
Serious question, what’s the best way to get rich of this? My understanding is you can’t buy options until few weeks after the IPO.
Don’t need call/put options, leveraged trades are available through most retail stock traders- looks like Coinbase is even already listing pre-IPO trading options with leverage.
don’t need options to short