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SpaceX IPO Valuation Sparks Debate; Nasdaq 100 Inclusion Looms

Dow Jones Newswires Read original source (opens in a new tab)
The Story

News Summary

  • SpaceX's upcoming IPO faces valuation scrutiny, with Morningstar estimating the firm at $780 billion, significantly below the $1.75 trillion target.
  • While potential Nasdaq 100 inclusion and AI hype may drive short-term price spikes, expected share-lockup expirations suggest looming downward pressure for the index component.
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US100 price history

28937.84 +14.66% over the displayed period

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