Asian Investors Seek Creative Ways to Join SpaceX IPO Excitement
Asian investors, largely excluded from SpaceX's massive US IPO, are exploring indirect investment opportunities by targeting companies within the space supply chain.
Investors across Asia have been largely shut out of the worldโs largest-ever initial public offering, which has forced them to find creative ways to make bets on SpaceXโs 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.....