[Stock offerings have historically been a way for the public to generate wealth by participating in a company's growth, but they can limit people's returns via IPO after decades of operation. Microsoft's price today is 750x from 1986. SpaceX's $1.8 trillion valuation after 24 years of operation is ninety-two times its yearly revenue, which means they would need to be eventually be worth over a quadrillion dollars to achieve similar returns.]
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