Goldman and Morgan Stanley value SpaceX over $1 trillion apart at IPO coverage launch

Goldman Sachs and Morgan Stanley, the two lead underwriters on SpaceX's upcoming IPO, have initiated coverage with buy ratings but with a valuation gap exceeding $1 trillion between them. The divergence emerged as the quiet period following the IPO filing ended. Such a massive disagreement between top-tier investment banks on a single company's value is highly unusual.