From Ars' latest Rocket Report:
From: Rocket Report: Bank doubles value of SpaceX, Russia won’t talk Amur anymore
Bank doubles its valuation of SpaceX. In a new report released this week, the investment bank Morgan Stanley says it is raising its "base case enterprise value" of SpaceX from $52 billion to $101 billion. "The pieces are coming together for SpaceX to create an economic and technological flywheel," the report states, citing Starship, Starlink, and reuse. (The report is not online as far as we can tell).
Winner take most? ... In part, the report stated, "It is clear to investors and industry observers that SpaceX's launch cost advantages are being used to accelerate deployment of its LEO broadband network. As the company achieves pole position in LEO, which many believe is a winner take most (if not winner take all) arena."
From: Rocket Report: Bank doubles value of SpaceX, Russia won’t talk Amur anymore