Why Morningstar believes the SpaceX IPO is overvalued

(morningstar.com)

12 points | by ForHackernews 6 hours ago ago

2 comments

  • lousclues 36 minutes ago

    Is there anyone that believes that Space X is undervalued?

  • jqpabc123 6 hours ago

    Why? Because Elon Musk has a history of over promising and under delivering. It's what he does.

    Why he does this should be obvious. In a word --- profit.