SpaceX's blockbuster IPO underscores investors' appetite for technology-led growth stories
Mega listings attract passive inflows, reinforcing the pull of US equity markets
As capital gravitates to the US, emerging markets may struggle to attract risk funding
US indices reflect new-economy leaders, while many emerging markets remain dominated by legacy firms
Nurturing technology enterprises is essential to creating the next generation of market leaders
The concentration of capital and innovation in one market could create unfamiliar vulnerabilities