Morningstar sounds alarm on SpaceX as bulls target $190
SpaceX shares have drawn a fair value estimate of $63 from Morningstar even as bullish forecasts have pushed price targets as high as $190 following the company’s public market debut. Summary Morningstar estimates SpaceX is worth $63 per share, far below its $135 IPO pricing. Despite valuation concerns, some analysts believe strong demand could push
