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How Musk's tactics left investors clamoring for SpaceX stock and ignoring risks - The Economic Times
One investor said that when SpaceX was privately held, he used a connection with a cousin of the billionaire entrepreneur to buy $10 million worth of stock in the satellite maker in 2018. A portfolio manager at a $500 billion U.S. fund said he had to use his relationship with a board member of the Musk-led Tesla for an allocation of SpaceX shares in 2023.
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dw.com
Musk's SpaceX IPO holds both promise and peril
Elon Musk’s rocket and AI company presents potential for investors. But its futuristic, unproven plans also carry significant financial risks.
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theconversation.com
SpaceX raised $75B in record IPO – here’s why insiders like Elon Musk are much likelier than public stock buyers to get rocket-powered…
In the old days, companies went public early to access cash to grow. These days, soon-to-be-public companies are already flush with cash from private finance.
