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Grantham Slams SpaceX: 'Craziest IPO Ever' & Nasdaq 100 Entry 📸 Image Credit: Fortune By Azeem-USA · Wed Jul 08 2026 English (en-US) In the high-stakes world of finance and disruptive technology, few voices command as much attention and respect as Jeremy Grantham. The co-founder of GMO, a renowned institutional asset management firm, Grantham has built a formidable reputation for accurately identifying and predicting market bubbles, often against the prevailing sentiment of the time. His pronouncements are rarely understated, and his latest target—SpaceX, the private space exploration company founded by Elon Musk—is no exception. Grantham recently delivered a scathing assessment, labeling SpaceX the 'craziest IPO in the history of man' and asserting that 'history will end up laughing' at it, even as the company secures a spot on the prestigious Nasdaq 100 index. This blog post will delve into the heart of Grantham's ...