[Stock offerings have historically been a way for the public to generate wealth by participating in a company's growth. An IPO after decades of operation locks the public out of much growth. Microsoft started trading in 1986 and until today has grown by 750x. The SpaceX valuation of 1.8 trillion is ninety-two times its yearly revenue and after 24 years of operation, which means they would need to be worth over a quadrillion dollars to achieve similar returns.]
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