The firm argues investors are pricing in “moonshot” scenarios for the company’s business lines.
Leading up to SpaceX’s IPO last Friday, Morningstar analysts said the company’s fair value was about 50% lower than its valuation.
After its first three trading days, which saw SpaceX soar 49% to $201.68 a share, that gap has grown to nearly 70%, wit… [3281 chars]
Source: Business Insider | Published: 2026-06-17T08:46:02Z
Credit: Business Insider
