Critics warn SpaceX’s initial public offering may be a threat to market stability and Americans’ retirement savings.

With Elon Musk’s SpaceX set to go public on Friday, the world’s richest man could soon become the first-ever trillionaire — an achievement that one leading humanitarian group called “a new pinnacle of oligarchy and a dark day for democracy.” Whether Musk reaches trillionaire status in the coming days will depend on the success of SpaceX’s initial public offering (IPO), which critics warn is a…

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