SpaceX’s record-setting IPO is now fueling luxury home sales in Los Angeles 55.8%
The Independent - By Josh Marcus - 6/30/2026, 2:00 AM
Framing Effect 46.4% - Post Hoc (False Cause) 42.6% - Availability Heuristic 41.8%
This month’s historic, $85 billion SpaceX initial public offering is expected to drive a luxury housing boom in Los Angeles, where Elon Musk’s rocket company has a large base of operations. The stock sale, which temporarily made Musk the world’s first trillionaire, is projected to mint at least 4,000 new millionaires between current and... more