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SpaceX IPO Dreams Bump Up Against Wall Street’s $780 Billion Cap

New York, June 2, 2026, 11:17 EDT Morningstar pegs SpaceX’s value at $780 billion—less than half what Elon Musk’s company is aiming for as it eyes a public listing, injecting a dose of skepticism just as SpaceX prepares to court investors this week. “We don’t see Grok as one of the leading AI labs today,” said Morningstar equity analyst Nicolas Owens, referencing the xAI chatbot now folded into SpaceX. (Reuters) This call carries extra weight right now, with SpaceX gearing up for what might become the biggest IPO on record. The company is looking to pull in up to $75

The post SpaceX IPO Dreams Bump Up Against Wall Street’s $780 Billion Cap appeared first on Next Wave Wire.

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