Musk's Power Play: SpaceX IPO and the Collapse of Market Accountability

SpaceX's historic $2 trillion IPO exposes how extreme wealth concentration can override fundamental market rules and accountability mechanisms. Despite X's documented decline, investors prioritize the potential financial windfall over corporate governance concerns, enabling Musk to operate largely unchecked. This moment reveals a critical gap in market safeguards when profit opportunity is massive enough to silence institutional resistance.