You Probably Won't Get Rich Off the SpaceX IPO

SpaceX's record-setting public debut is drawing extraordinary interest, but the article explains why most ordinary investors are unlikely to profit much from it. The company raised $75 billion at a $1.75 trillion valuation, the biggest IPO ever, yet the largest gains will go to existing shareholders, employees, institutions, and Elon Musk. Even with looser access for retail investors, demand far outstrips supply, allocations are tiny, and the stock is already richly priced.