How SpaceX's $3trn valuation affects the whole market | The Economist

Ștefania Anghel

Can markets put a price on Elon Musk’s vision? Josh Roberts, The Economist's capital markets correspondent, and Rosie Blau, co-host of The Intelligence podcast discuss why investors have embraced SpaceX despite its losses, how Elon Musk influences its valuation and what the company's blockbuster IPO of $3trn reveals about today's appetite for risk. 00:00 – Why has SpaceX's share price been so volatile? 01:22 – Why does one company's IPO matter for the wider market? 02:34 – Why are investors