Lessons from crypto and Theranos warn against blind optimism

SpaceX raised $75 billion in the largest IPO ever, valued at $1.8 trillion. Elon Musk's 42% stake pushes his net worth past $1 trillion.

Investors piled into the world’s largest initial public offering to bet on Elon Musk’s sprawling rockets-to-AI empire.

SpaceX made a blockbuster debut on the Nasdaq on Friday, with its shares surging 19 per cent and pushing the company's valuation beyond $2 trillion. The rally elevated SpaceX to…