SpaceX IPO: Record Debut and Frenzy Around Leveraged ETFs

SpaceX's IPO entered the history books as the largest stock market debut of all time, with Elon Musk's company reaching a market capitalization that made him the world's first trillionaire by that measure. The event triggered a race to buy leveraged ETFs tied to SpaceX shares — high-risk instruments that amplify both gains and losses. According to CNBC, the first trading week saw historically high inflows into such funds. Experts warn that leverage in ETFs can lead to rapid losses during a price correction, especially for such a volatile asset. Nevertheless, retail investor interest in the space company's shares remains extremely high, which itself creates additional market volatility.