Is SpaceX the Ultimate Exit Liquidity for Billionaires?
The ‘SpaceX exit liquidity’ narrative is everywhere since the IPO last week. Critics argue that the huge demand for SpaceX shares could let early investors, employees, or insiders sell stock at very high valuations while new buyers, especially retail investors, take the risk. However, the S-1 filing, the lock-up calendar, and crypto futures positioning suggest...
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