As the initial public offering (IPO) of Elon Musk's space technology company SpaceX crosses the finish line, Wall Street is buzzing about the newcomer's true value and stock prospects. A veteran warns that we are approaching the levels of the 1929 and 2000 bubbles.
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As the initial public offering (IPO) of Elon Musk's space technology company SpaceX crosses the finish line, Wall Street is buzzing about the newcomer's true value and stock prospects. A veteran warns that we are approaching the levels of the 1929 and 2000 bubbles.
With the "X-day" of the AI bubble's collapse looming, SpaceX's sudden IPO is increasingly likely to trigger its end. We delve into why Elon Musk chose this abrupt listing at this time, the behind-the-scenes circumstances, the countdown from the AI industry's peak to its collapse, and the future of the economy beyond.