Fox Business July 08, 2026 • 16:35

Famed permabear warns SpaceX IPO could be laughed at in 50 years, 'craziest' market bet for Main Street - Fox Business

By Kristen Altus

Famed permabear warns SpaceX IPO could be laughed at in 50 years, 'craziest' market bet for Main Street - Fox Business

British billionaire Jeremy Grantham calls SpaceX the "craziest IPO in the history of man," predicting the stock's valuation will become a landmark collapse.

SpaceX has been fast-tracked into the Nasdaq-100 Index, meaning the stock performance of Elon Musk’s rocket company is now directly tied to the retirement accounts, mutual funds and portfolios of mil… [+2904 chars]

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