Share your views on SpaceX’s stock market debut
TL;DR
Americans’ financial futures are about to be tied to the fortunes of Elon Musk with the world’s largest ever stock market debut. How do you feel about this? Elon Musk’s SpaceX made the world’s largest ever stock market debut on Friday at a valuation of $1.77tn. It was also set to turn Musk into the world’s first-ever trillionaire.
Nauti's Take
This is not a normal IPO, it is a power shift wearing index clothing. If SpaceX, OpenAI and Anthropic dominate public markets, pension funds suddenly inherit the same model, rocket and Musk risks as builders.
That is not diversification, it is concentration with a ticker.
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