SpaceX’s $4.3B Frenzy Is a Symptom of a Broken Market, Not a Sign of Genius
SpaceX’s $4.3B secondary market frenzy isn’t about rockets or revenue — it’s about a broken IPO pipeline that’s starved retail investors of real growth opportunities. SpaceX’s deliberate privacy creates a narrative vacuum filled with FOMO, speculation, and desperation. When you can’t see the numbers, you’re not pricing a company. You’re pricing a dream.