Nobel laureate calls Musk a 'human Ponzi scheme' over SpaceX IPO

Nobel economics laureate Paul Krugman wrote that Elon Musk is a 'human Ponzi scheme,' arguing that SpaceX's IPO relies on investors blindly believing Musk is a genius rather than evaluating the company's value. Krugman noted that Musk's promises about Hyperloop, Robotaxis, and Neuralink have not materialized as described.