Slovak Economic Briefing: Investor Euphoria Buoys Loss-Making SpaceX

A Slovak economic commentary highlights growing public discussion around the damaging effects of nepotism in public administration, raising hopes that professionalizing the civil service could be included in future pro-growth reform agendas. The piece suggests this push for reform could eventually extend to ministerial appointments, implicitly questioning whether Finance Minister Ladislav Kamenický — a member of Smer-SD, the ruling populist-nationalist party led by Prime Minister Robert Fico — is the most qualified person for the role. The commentary also notes that investor enthusiasm is currently propping up the valuation of SpaceX despite the company operating at a loss, reflecting broader trends in speculative market sentiment.