How to Trade the SpaceX IPO in Asia's Locked-Out Markets
Bloomberg.com • • general
Key Points:
- Investors in Asia have been largely excluded from participating directly in SpaceX's $75 billion initial public offering, the largest IPO ever.
- To gain exposure, traders in cities like Seoul and Shanghai are investing in companies within the space supply chain, space-themed ETFs, and Nasdaq 100 Index funds.
- Crypto investors are driving up prices of SpaceX perpetual futures, and some platforms are offering more complex derivative products related to SpaceX.
- These alternative investment strategies reflect the high demand and anticipation surrounding SpaceX's public debut despite limited direct access.