Elon Musk’s Big Bet for SpaceX

Elon Musk is taking SpaceX public while maintaining nearly all control over the company. The initial public offering is a significant bet on Musk's vision for the space exploration firm. Musk's decision to retain power may pose a risk for investors, who will have limited influence over the company's direction. The record I.P.O. is a high-stakes move that will test the market's confidence in Musk's leadership and SpaceX's future prospects.

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