3 ms·
Goldman is also the lead underwriter of the IPO as I recall, so their valuation analysis is a conflict of interest. See Morning Star, who values SpaceX as half
by SilverElfin 4mo ago
Goldman is also the lead underwriter of the IPO as I recall, so their valuation analysis is a conflict of interest. See Morning Star, who values SpaceX as half the value they’re seeking:
https://www.morningstar.com/stocks/spacex-what-investors-need-know-about-its-enormous-upcoming-ipo https://www.morningstar.com/stocks/spacex-what-investors-nee...
- ben_w 4mo agoAn aside, but I'm still amused that Morningstar Inc., the American financial services firm, shares a name with the Morning Star, a left-wing British daily newspaper originally founded in 1930 as the Daily Worker by the Communist Party of Great Britain. (Also, y'know, synonymous with Lucifer).