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What SpaceX Illustrates About Private Markets
Three takeaways on access, patience and discipline as more of the corporate growth journey may occur before companies go public.
What can SpaceX illustrate about the future of private markets? As companies stay private for longer, investors have greater opportunities to participate in value creation before an IPO. But access alone isn't enough. Long-term success depends on disciplined underwriting, patient capital, and experienced managers.
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