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SpaceX may be the biggest IPO ever, but Morningstar says it is overvalued by half and the smart investors will wait out the hype and buy later

  • Posted on June 3, 2026
  • By Fortune
  • 0 Views
  • 1 min read
SpaceX may be the biggest IPO ever, but Morningstar says it is overvalued by half and the smart investors will wait out the hype and buy later
SpaceX may be the biggest IPO ever, but Morningstar says it is overvalued by half and the smart investors will wait out the hype and buy later

A top analyst says its IPO is overvalued and the best buying opportunity may come after insiders get the chance to sell.
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Author
Fortune

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