Business
SpaceX’s IPO Is a Bet Gravity Doesn’t Apply to Elon Musk
The SpaceX IPO filing is full of so many red flags that it would have scuttled other launches.
But the laws of gravity don’t apply here, in part because of years of work by Elon Musk to build his business empire with the eager assistance of everyday investors. He’s tapped into a collective social-media psyche that runs on vibes and enthusiasm and hope for a better future that he has become so masterful at selling.
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