Asian investors look for novel ways to join SpaceX’s US IPO excitement
About this episode
Asian investors are seeking alternative methods to invest in SpaceX's IPO due to lack of direct access.
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...
Topics covered
- investing
- SpaceX
- IPO
- Asian markets
- financial strategies
- space industry
Mentioned in this episode
Organizations: SpaceX
Products: Nasdaq 100 Index
Places: Asia, Seoul, Shanghai
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