Economy - Page 6

Financial Analysts Debate the Pros and Cons of Elon Musk’s SpaceX IPO

Financial research giant Morningstar has placed a fair value estimate of $63 per share on SpaceX, representing a 53 percent discount to the company’s upcoming initial public offering price of $135 per share. Other analysts believe Elon Musk’s rocket company will increase in value from its IPO price over the next year.

Elon Musk smiling before SpaceX IPO