Technopreneur Elon Musk’s affinity for superlatives is well-known, particularly when it comes to selling his business ideas. It was therefore not a coincidence that his company SpaceX’s stock market debut on June 12, 2026 was laden with superlatives.Mr. Musk, who already holds the record for being the planet’s richest person, became the first trillionaire in the world through the biggest-ever initial public offering (IPO), with SpaceX also set to be the fastest-ever entrant to the coveted Nasdaq-100 index.However, SpaceX’s entry has raised concerns over the company’s valuation; the relaxation of rules that enables the company to enter indices like the…