Asian investors look for novel ways to join SpaceX’s US IPO excitement
Investors across Asia have been largely shut out of the world’s largest-ever initial public offering, which has forced them to find creative ways to make bets on SpaceX’s US$75 billion global spectacle.
With no direct access to the IPO, traders from Seoul to Shanghai are piling into companies along the space supply chain, industry-themed exchange-traded funds (ETF) and Nasdaq 100 Index-tracking funds in hopes of eventually capturing some of the gains that many expect once SpaceX shares hit the...
SpaceX IPO Creates World's First Trillionaire
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