By Heather Gillers
Elon Musk's SpaceX plans to sell shares at $135 a piece this week, which works out to a total valuation of more than $1.7 trillion for the rocket, satellite and AI company.
Investors are split on whether the company is worth that much. Research firm Morningstar pegs SpaceX's total value at only $780 billion. Its analysts argue that SpaceX's plans hinge on several as-yet unsolved engineering problems.
Asset manager ARK Invest, whose ARK Venture Fund counts SpaceX as its largest holding, acknowledges that a target value around $1.7 trillion relies on assumptions about the future. But the firm believes those are "grounded in a plausible trajectory." In fact, ARK expects SpaceX's value to reach $2.5 trillion by 2030.
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(END) Dow Jones Newswires
June 10, 2026 16:05 ET (20:05 GMT)
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