---
title: "In 50 years, they’ll be ‘laughing’: Famed investor Jeremy Grantham says SpaceX is the ‘craziest IPO in the history of man.’ Why he's not buying it"
type: "News"
locale: "en"
url: "https://longbridge.com/en/news/296019173.md"
description: "The GMO founder isn’t keen on SpaceX’s claims about asteroid mining, space tourism, or other pie-in-the-sky tech. Here’s why he’s anticipating a crash back to Earth."
datetime: "2026-08-16T09:34:41.000Z"
locales:
  - [zh-CN](https://longbridge.com/zh-CN/news/296019173.md)
  - [en](https://longbridge.com/en/news/296019173.md)
  - [zh-HK](https://longbridge.com/zh-HK/news/296019173.md)
generator: "portal-rs"
---

# In 50 years, they’ll be ‘laughing’: Famed investor Jeremy Grantham says SpaceX is the ‘craziest IPO in the history of man.’ Why he's not buying it

The GMO founder isn’t keen on SpaceX’s claims about asteroid mining, space tourism, or other pie-in-the-sky tech. Here’s why he’s anticipating a crash back to Earth.

### Related Stocks

- [XSPC.US](https://longbridge.com/en/quote/XSPC.US.md)
- [PPA.US](https://longbridge.com/en/quote/PPA.US.md)
- [UFO.US](https://longbridge.com/en/quote/UFO.US.md)
- [WARP.US](https://longbridge.com/en/quote/WARP.US.md)
- [WSPC.US](https://longbridge.com/en/quote/WSPC.US.md)
- [ITA.US](https://longbridge.com/en/quote/ITA.US.md)
- [ARKX.US](https://longbridge.com/en/quote/ARKX.US.md)
- [XAR.US](https://longbridge.com/en/quote/XAR.US.md)
- [MARS.US](https://longbridge.com/en/quote/MARS.US.md)
- [ORBX.US](https://longbridge.com/en/quote/ORBX.US.md)
- [NASA.US](https://longbridge.com/en/quote/NASA.US.md)
- [LOFD.US](https://longbridge.com/en/quote/LOFD.US.md)
- [159227.CN](https://longbridge.com/en/quote/159227.CN.md)
- [512810.CN](https://longbridge.com/en/quote/512810.CN.md)
- [563380.CN](https://longbridge.com/en/quote/563380.CN.md)
- [159241.CN](https://longbridge.com/en/quote/159241.CN.md)

## Related News & Research

- [Elon Musk Says SpaceX Will Offer Starlink at Half Price for People Living Near Starbase Louisiana](https://longbridge.com/en/news/297300123.md)
- [05:05 ETBybit Teases Industry-First Perp Options, Unlocking 24/7 US Equity Options Trading](https://longbridge.com/en/news/297625259.md)
- [EXCLUSIVE-Russian-speaking cybercriminals used SpaceX’s Cursor AI tool to hack seven companies](https://longbridge.com/en/news/297162027.md)
- [Nvidia Q2 Preview: SpaceX Is Becoming the 'Fifth Horseman,' Gene Munster Says](https://longbridge.com/en/news/296931540.md)
- [Trump gatecrashed a NASA press conference after SpaceX launched a $4.3 billion space telescope](https://longbridge.com/en/news/297494813.md)

---
> **Disclaimer: This article is for reference only and does not constitute any investment advice.**