Munro Partners is taking a measured step into one of the world’s most talked-about IPOs, initiating a position in SpaceX despite lofty valuations—while many peers stay on the sidelines awaiting a better entry point. With strong conviction in the company’s long-term potential but caution on price, the move reflects a deliberate strategy: secure exposure now, with an eye to increasing holdings as early investors begin to sell down post‑listing.

