News: SpaceX may soar on listing but gravity could yet bring valuation down to earth

Anchor Advisors President Erin Caddell spoke with ION Analytics to discuss the record SpaceX IPO frenzy, and potential political risk involved.

With Musk having set himself against liberal priorities and gutted government programs while leading the DOGE campaign, Democrats on Capitol Hill “will want to see some level of accounting for the past two years” if they regain control of key committees, according to Erin Caddell, president of Washington DC-based public policy consultancy Anchor Advisors.

Democrats are split on whether to “investigate everything” linked to the Trump administration, including Musk’s federal contracts, or focus on their own policy agenda to win over American voters ahead of the 2028 presidential election, Caddell said.

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