SpaceX
In 1995, the Netscape IPO turned a conviction held by a small number of evangelists into a consensus held by an entire civilization. The SpaceX IPO will do the same thing for the next chapter of human civilization.
SpaceX
The SpaceX IPO is oversubscribed. The institutional money already knows what it is buying. The question is whether the rest of America does. This is not just an investment argument. It is a civic one.
SpaceX
One IPO buys a software company fighting for position against Google, OpenAI, Meta, and Microsoft. The other buys the infrastructure of civilization's next chapter. They are not the same bet.
SpaceX
A viral video accuses Elon Musk of rigging the stock market because index providers changed their rules to let SpaceX in faster. I want to make the opposite case. These changes are the most democratizing thing to happen to retail investors in a generation.
Technology
Why SpaceX Going Public Is the East India Company Moment of Our Generation