SpaceX launches a new era of super IPOs, investors should beware of risks

According to reports, billionaire Elon Musk’s SpaceX, which is involved in rockets, satellites, and artificial intelligence, has filed for an IPO, potentially setting a record valuation. OpenAI and Anthropic are expected to follow closely, finally giving investors a chance to put money into some of today’s most groundbreaking — and perhaps also most hyped — companies. However, history shows that whether investing in these enterprises or using them to gauge the broader stock market, one must exercise particular caution.