The SpaceX IPO is great for Elon Musk and terrible for you

SpaceX's rumored $1T+ IPO poses systemic risk for 2026 AI economy. Retail investors may become bagholders for inflated valuation masking $5B losses. If SpaceX becomes AI infrastructure's dominant launch provider via Starlink, market distortions could raise capital costs for competing AI cloud and edge compute firms, slowing innovation and concentration of critical orbital assets.