SpaceX IPO banks yell ‘buy’ as stock craters
SpaceX has shed over $1.1T since June 16, but the banks that split $500M selling its IPO still rate the stock a “buy.”
SpaceX has shed over $1.1T since June 16, but the banks that split $500M selling its IPO still rate the stock a “buy.”
Crypto wallet firm Ledger has joined Kraken in pausing its IPO offering due to unfavourable market conditions.
Bullish and Gemini have used new accounting rules to make their net income/loss look even better, but the IPO was their main focus all along.
Circle VCs and executives sold $270M worth of stock that would have been worth an extra $1.9B had they waited a couple of weeks.