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Markets1h 56m ago

Morningstar valued SpaceX at $63 per share, significantly below its indicative IPO price of $135 and bullish targets of $190.

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not specified

Who
Morningstar, SpaceX, Walter Bloomberg, Backpack Securities, Sunrise, Binance Wallet, Velvet, Hyperliquid
What
Morningstar valued SpaceX at $63 per share, significantly below its indicative IPO price of $135 and bullish targets of $190.
When
Fri, 12 Jun 2026 16:02:05 GMT · 1h 56m ago
Where
not specified ·
Why
Morningstar believes SpaceX stock is trading well above its underlying value despite intense demand leading to a $135 IPO price and projections as high as $190.
The Frontline Impact

How this affects you

A prominent investment research firm warns SpaceX's stock is overvalued, potentially leading to a correction if investor enthusiasm wanes, even as crypto markets amplify speculation and strong demand is reported.

Story chain

14 events in this thread
  1. Markets42m ago
    SpaceX's Nasdaq debut saw its valuation exceed $2 trillion, triggering a large wave of tokenized stock activity across crypto markets.
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  2. Markets1h 28m ago
    Clear Street analyst Greg Pendy designated several stocks as either competitors or complementary plays to SpaceX ahead of its initial public offering on Friday.
    Open article
  3. Markets1h 44m ago
    Elon Musk's SpaceX made a strong entrance into public markets on June 12, with its shares starting trade on the Nasdaq at $150 each, representing an 11 per cent gain over the initial public offering (IPO) price of $135.
    Open article
  4. Markets1h 55m ago
    The dollar steadied on Friday amidst a week of economic and geopolitical volatility, highlighted by Middle East peace negotiations and a major SpaceX IPO.
    Open article
  5. Markets1h 55m ago
    The dollar steadied on Friday, capping a week marked by significant economic and geopolitical events that sent ripples through global markets.
    Open article
  6. Markets1h 55m ago
    The dollar steadied on Friday, capping a week marked by significant economic and geopolitical events that sent ripples through global markets.
    Open article
  7. Currently Reading1h 56m ago
    Morningstar valued SpaceX at $63 per share, significantly below its indicative IPO price of $135 and bullish targets of $190.
  8. Markets1h 57m ago
    SpaceX's shares jumped 17% on Friday, pushing its valuation above $2 trillion during its Nasdaq debut, following a record-setting $75 billion initial public offering.
    Open article
  9. Markets2h 10m ago
    Canada’s main stock index was up more than 300 points in late-morning trading.
    Open article
  10. Markets2h 10m ago
    Canada’s main stock index was up more than 300 points in late-morning trading, helped by strength in the base metal and financial sectors, while U.S. stock markets also surged higher.
    Open article
  11. Markets2h 37m ago
    U.S. stocks are rising Friday after oil prices fell again and as Wall Street waits for the highly anticipated debut of SpaceX coming later in the day.
    Open article
  12. Markets3h 37m ago
    U.S. stocks are drifting Friday as oil prices fell and Wall Street awaits the highly anticipated debut of SpaceX later in the day.
    Open article
  13. Markets4h 4m ago
    US stocks drifted on Friday as falling oil prices supported sentiment, while investors turned their attention to the highly anticipated stock market debut of SpaceX.
    Open article
  14. Markets4h 7m ago
    U.S. stocks are drifting Friday as oil prices fell and Wall Street awaits the highly anticipated debut of SpaceX.
    Open article

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