SpaceX IPO Will Mint Billions for a New Silicon Valley Hierarchy (opens in new tab)

(Bloomberg) -- The initial public offering for SpaceX is poised to generate billions of dollars in profits for the fortunate few investors who got in early on Elon Musk’s rocket, satellite and artificial intelligence company.Most Read from BloombergXbox Plans Significant Layoffs as New CEO Plans OverhaulSpaceX IPO Draws More Than $100 Billion in Retail OrdersTrump Vows New Attacks on Iran, Threatens Key Energy TargetsHouse Republican Says Hegseth’s D-Day Remarks ‘Inappropriate’US Strikes Iran in