SpaceX IPO's Wealth Gap: Why Ordinary Investors Will Miss Out

Despite SpaceX offering unprecedented access to retail investors in its $1.75 trillion IPO, structural market mechanics ensure that insiders and institutional investors will capture the vast majority of gains. The overwhelming demand from retail investors—$100 billion in orders versus $75 billion in available shares—demonstrates how modern IPO processes systematically disadvantage ordinary investors. This case exemplifies broader concerns about wealth concentration and whether financial markets truly provide equal opportunity.