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SpaceX: The Biggest Money Loser in IPO History

Patrick Boyle

SpaceX: The Biggest Money Loser in IPO History

Patrick Boyle analyzes SpaceX's IPO prospectus, covering its financials, speculative products, AI business, related-party dealings, compensation, and a governance structure with minimal shareholder rights.

Recommended as a clear, roughly 30-minute summary of the problems with the SpaceX IPO.

10 Hacker News mentions · 2026–2026

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