The SpaceX IPO has a bright side

Zachary Karabell is an author and investor and writes “The Edgy Optimist” on Substack. SpaceX raised $85.7 billion in the biggest-ever initial public offering, and its market cap exceeded $2 trillion by the end of the day on Friday. Elon Musk became, on paper, the world’s first trillionaire. But co...

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