SpaceX IPO Pitched to Investors, Valuation Debated, S&P 500 Entry Blocked

JPMorgan and other Wall Street firms are pitching SpaceX's upcoming IPO to wealthy clients, with Elon Musk participating in pre-IPO events. However, Morningstar analysts suggest the company is overvalued by half, and SpaceX has been blocked from early entry into the S&P 500 index.