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SpaceX IPO launches with $1.77T valuation amid skepticism over Elon Musk's hype and company risks.

Market News
12 Jun 2026
Forbes
View Source
Neutral
pluang ai news

SpaceX's IPO debuted with a $1.77 trillion valuation, heavily influenced by Elon Musk's reputation, despite analysts warning the price inflates the company's true worth by about $1 trillion. While Musk has achieved milestones like Falcon 9 reusability and Starlink's growth, many promises remain unfulfilled, raising concerns about governance, market size, and declining Starlink revenue. Experts expect the stock to trade on investor enthusiasm and momentum rather than fundamentals, with retail demand and MSCI inclusion driving interest. However, some investors caution that the valuation is overly optimistic and not supported by the company's financial realities.

More News (TSLA)

Tesla driver pressed accelerator to 100% before fatal crash, NTSB finds

Tesla driver pressed accelerator to 100% before fatal crash, NTSB finds

The National Transportation Safety Board (NTSB) reported that a Tesla driver pressed the accelerator pedal to 100%, overriding the Full Self-Driving (FSD) software, before crashing into a house in Katy, Texas, killing a resident. The Tesla was travel...

Market News
Bearish
16 hours ago
Google makes largest solar and battery storage deal to power 6% of Arkansas peak demand

Google makes largest solar and battery storage deal to power 6% of Arkansas peak demand

Google has announced its biggest solar power and battery storage purchase, investing in a project in Arkansas that will generate enough electricity to meet about 6% of the state's peak demand. The project, developed with Cypress Creek Energy, will ad...

Market News
Bullish
19 hours ago
Deutsche Bank keeps Buy on Tesla with $465 target, citing growth in autonomy and AI despite near-term earnings dip.

Deutsche Bank keeps Buy on Tesla with $465 target, citing growth in autonomy and AI despite near-term earnings dip.

Deutsche Bank reaffirmed its Buy rating on Tesla stock, setting a 12-month price target of $465, implying a 17% upside. The bank highlighted Tesla's long-term growth potential driven by autonomy, robotics, and AI, despite expecting Q2 earnings per sh...

Analyst Insights
Bullish
20 hours ago
Hybrid robots market to hit $10B by 2030 driven by AI, smart manufacturing, and North America leadership

Hybrid robots market to hit $10B by 2030 driven by AI, smart manufacturing, and North America leadership

The global hybrid robots market is projected to grow from $5.68 billion in 2026 to $10.03 billion by 2030, with a CAGR of 15.3%. Growth is fueled by advances in AI, autonomous operations, and smart manufacturing, alongside rising demand for robots in...

Market News
Bullish
22 hours ago
Tesla Q2 2026 sales hit records but faces cash flow issues amid falling prices and heavy incentives

Tesla Q2 2026 sales hit records but faces cash flow issues amid falling prices and heavy incentives

Tesla reported record vehicle deliveries in Q2 2026, but demand quality is weakening due to heavy discounts and lower average selling prices. Despite strong revenue growth, Tesla is expected to have negative free cash flow in 2026–2027 as capital spe...

Company Fundamentals
Bearish
1 day ago
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