Making IPOs Great Again for Innovators and Investors
SpaceX’s coming market debut will be nothing short of historic. Elon Musk’s private juggernaut is reportedly seeking a valuation north of $2 trillion, eclipsing any company to ever go public. Musk built SpaceX from scratch, defying predictions that spaceflight would belong only to government. From reusable rockets to Mars‑ready spacecraft, he has advanced human flight lightyears beyond what anyone imagined, and now, Americans eager to invest in this next frontier may finally get the chance.
SpaceX’s initial public offering (IPO) stands out as a rare exception that exposes a broader and troubling reality. The United States once brimmed with publicly traded companies inviting everyday Americans to share in their growth. Today, public listings have withered. Fewer firms are going public, and many promising startups prefer to remain private, keeping Main Street investors sidelined while billion‑dollar startups flourish behind closed doors. This decline in shared opportunity is starving the American worker of a stake in the nation’s future.
President Trump’s focus on “Making IPOs Great Again” is a plan to open those doors again. The president’s administration recognizes that a healthy public marketplace is not just........
