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Sadly, we live in a world where script kiddies get rewarded for exploiting basic trust boundaries. At every layer it seems like the SpaceX IPO damped market mechanisms. But that shouldn't be surprising. In market capitalism, those closest to market formation can influence market structure.

misaligned.marketsRapid unscheduled devaluation: The geometry of the SpaceX IPONo rules were broken in the making of the largest IPO ever, revealing a deeper flaw than critics realize.

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