SpaceX said it's worth $1.75 trillion. Morningstar just said the real number is less than half of that.

Summary

• The post highlights the massive gap between SpaceX's self-assessed $1.75 trillion IPO valuation and Morningstar's independent estimate of under $800 billion.
• Author's thesis: The nearly $1 trillion discrepancy represents a "trust me bro" valuation, and the market will soon determine the true worth.
• Quality assessment: Speculation/news summary; lacks original research or data analysis, merely reports conflicting numbers.