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SpaceX Reportedly Targets $135 IPO Price As Morningstar Says Valuation Should Be Halved

SpaceX Reportedly Targets $135 IPO Price As Morningstar Says Valuation Should Be Halved Last week, Elon Musk called Bloomberg's "SpaceX Said to Cut IPO Value" story "false," marking the latest clash between Musk and the MSM over coverage of his companies. Reuters has released a new report, which, based on sources, says SpaceX is planning an IPO at a price of $135 per share, aiming to raise a record $75 billion by selling about 555.6 million shares at an estimated $1.75 trillion valuation. SpaceX's roadshow is expected to begin Thursday, with...
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