The SpaceX initial public offering, the largest IPO in history, will make Elon Musk the wealthiest person in human history by a large margin. The author compares the IPO to the 1969 educational game Star Power, which illustrates how humans accumulate power and change rules to defend it. Some see buying SpaceX shares as a path to wealth, while others call it a pump and dump scheme. The key to understanding the event lies in who changes the rules.
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Why Growth Investors Should Avoid the SpaceX IPO
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