Morningstar says SpaceX is ‘significantly overvalued’

June 2, 2026

Yahoo Finance Senior Autos Reporter Pras Subramanian joins Josh Lipton on Market Domination to discuss SpaceX’s (SPAX.PVT) valuation after a Morningstar report deemed the company “significantly overvalued,” estimating its fair value at $780 billion—roughly half its reported IPO target valuation—and what that could mean for investors ahead of a potential public offering.

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