SpaceX IPO Soars, But Insiders Reap Rewards

SpaceX made history by raising $75 billion in its IPO, but the party might be mostly for insiders like Elon Musk. Research shows that public investors might not see the explosive growth they dream of, as much of it happens before companies go public. Meanwhile, other tech giants like OpenAI and Anthropic are also gearing up for big IPOs this year. What does it mean for you? If you’re an everyday investor, don't get too starry-eyed. By the time a company goes public, much of the magic might have already happened, leaving you with fewer fireworks in your investment returns.