America’s 250th birthday has Elon Musk and a record IPO. Its 15th had Alexander Hamilton — and a stock market bubble

The article compares the 1791 IPO of the Bank of the United States, championed by Alexander Hamilton, to the 2026 SpaceX IPO led by Elon Musk, highlighting parallels in speculative market behavior, leverage, and political opposition. Both events saw oversubscription and intense public interest, with historical figures like Thomas Jefferson and modern critics warning of gambling-like investment trends.