How Musk's tactics left investors clamoring for SpaceX stock and ignoring risks

One investor said that when SpaceX was privately held, he used a connection with a cousin of the billionaire ​entrepreneur to buy $10 million worth of stock in the satellite maker in 2018. A portfolio manager at a $500 billion U.S. ​fund said he had to use his relationship with a board member of the Musk-led Tesla for an allocation of SpaceX shares in 2023.