SpaceX IPO faces skepticism as valuation hits $2.44T despite no profits, with analysts warning of overvaluation.
SpaceX's IPO valuation has soared to about $2.44 trillion, nearly 40% above its initial $1.75 trillion price, despite the company lacking profitability, EBITDA, or dividends. Analysts, including those from Morningstar, caution that the stock could be...
