Excitement around the upcoming market debut of SpaceX has spurred the exchange-traded-fund industry to plan new ETFs that will give traders a way to make risky leveraged bets on the company's stock after its IPO.
SpaceX IPO Draws More Than $70 Billion in Retail Orders Bloomberg.comThe Joy of Missing Out on SpaceX's I.P.O. The New York TimesSpaceX Treated as ‘Simply Too Risky' for Funds With Governance Mandates Bloomberg.comJim Cramer's top 10 things to watch in the stock market Thursday CNBCSpaceX's record IPO has Wall Street torn between a Musk ‘holy grail' and a $
Ares Management Corporation has confirmed the final close of its Ares Pathfinder Fund III, L.P and its offshore Ares Pathfinder Fund III at a total of $12.7bn. According to Ares, the Fund was oversubscribed and closed at its increased hard cap, way in excess of its $6.5bn target and its $6.6bn 2023 vintage Pathfinder II […]
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