Legendary investor Grantham sings spaceX: 50 years later, people may laugh at this "the craziest IPO in history."

Jeremy Grantham, co-founder and chief investment strategist of GMO, recently stated that over the next 50 years the market might look back at SpaceX's listing in a “scoffing” manner and call it “the craziest IPO in human history”. Grantham argued that SpaceX's ambitious vision of “human beings as multi-planet species” and the current high popularity of the market for companies could be perceived by investors as overly optimistic in the future. One of the greatest risks of SpaceX lies in the company ' s heavy reliance on Mask individual leadership. In his view, Mask had about 82 per cent of voting control, which was both an important driver of SpaceX culture and innovation and a risk of change in governance structures and leadership. SpaceX, after landing at Nasdaq-100, has received considerable institutional attention, but stock prices have recently been under pressure. SpaceX stock prices are now about 7 per cent lower than the most recent month, hovering around $150 and just above the market target of $135。