Morningstar DBRS & Xai

Morningstar DBRS: Morningstar DBRS analysts have expressed skepticism about SpaceX's valuation, deeming it 'significantly overvalued' due to unproven technologies and high capital needs. They provided a lower valuation estimate for the company.

Xai: Xai, Elon Musk's artificial intelligence startup, was acquired by SpaceX earlier this year, integrating its AI capabilities and social media platform X into the larger conglomerate. This merger is a key component of SpaceX's strategy to expand into AI and orbital data centers.