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Nobel laureate in economics Paul Krugman wrote that Elon Musk is essentially a real-life version of the Ponzi scheme. Paul Krugman pointed out that Elon Musk's wealth is built on investors' belief in a genius persona, maintaining the company's market value by attracting new investors. Paul Krugman stated that SpaceX's push for an IPO reflects Elon Musk's expertise in financial manipulation and leveraging his influence over the Trump administration for profit.