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EPISODE · Jun 12, 2026 · 11 MIN

SpaceX - Buyer Beware

from Cam Harvey: Through the Noise · host Duke University's Fuqua School of Business

The average investor was excluded from the explosive upside when SpaceX was a private company. That upside was reaped by “accredited” investors The average investor is largely excluded from the IPO allotment - a few crumbs were thrown. Now, the average investor is faced with investing at $170. Academic studies show that the long-term returns of IPOs in excess of reasonable benchmarks like the S&P are modest - or non-existent.

What this episode covers

The average investor was excluded from the explosive upside when SpaceX was a private company. That upside was reaped by “accredited” investors The average investor is largely excluded from the IPO allotment - a few crumbs were thrown. Now, the average investor is faced with investing at $170. Academic studies show that the long-term returns of IPOs in excess of reasonable benchmarks like the S&P are modest - or non-existent.

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SpaceX - Buyer Beware

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Frequently Asked Questions

How long is this episode of Cam Harvey: Through the Noise?

This episode is 11 minutes long.

When was this Cam Harvey: Through the Noise episode published?

This episode was published on June 12, 2026.

What is this episode about?

The average investor was excluded from the explosive upside when SpaceX was a private company. That upside was reaped by “accredited” investors The average investor is largely excluded from the IPO allotment - a few crumbs were thrown. Now, the...

Can I download this Cam Harvey: Through the Noise episode?

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