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SpaceX is a meme stock. That's the provocative claim from ValueEdge Advisors chair Nell Minow, and not for the usual reasons. No Reddit hype, no retail frenzy. Her argument is simpler: the governance fundamentals are hollow. But here's the counterargument history keeps making: Elon Musk doesn't play by conventional rules and keeps winning anyway. He made Tesla synonymous with EVs. He made reusable rockets real when aerospace veterans said it was impossible. He fired 80% of Twitter's staff and the platform survived. Governance red flags and all, the man has a habit of proving everyone wrong.

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