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The Guardian
SpaceX targets $1.78tn valuation amid concerns
SpaceX is preparing for an unprecedented $1.78 trillion initial public offering, with shares valued at $135 each and oversubscribed by three to four times. Despite high investor interest, some analysts, including Morningstar, warn that the company's valuation is speculative and exceeds its underlying fundamentals, as it made a loss of nearly $5 billion in 2025. The IPO could make Elon Musk the world's first trillionaire, but concerns about overvaluation and market risks persist.
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