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SpaceX will be the biggest Initial Public Offering in history with a $1.5T valuation. And Nasdaq want to assure that the stock is listed on its exchange.
Go here to claim shares before the IPO.
Space Exploration Technologies is better known as “SpaceX.” It’s Elon Musk’s rocket launch company that operates the Starlink satellite network with 9 million subscribers.
Wall Street banks are preparing for the stock listing. And they’re already laying the groundwork for a successful IPO and selecting the right stock exchange.
The New York Stock Exchange and Nasdaq both want the listing. And they’re doing “whatever it takes” to land the deal.
Nasdaq just announced a new “Fast Entry” rule for the Nasdaq 100 Index.
This would apply for any newly public company with a market cap that places it in the top 40 Nasdaq-listed stocks. The rule change would allow a stock to join the index after 15 days of trading – versus 90 days under the old rules.
Inclusion in an index would results in immediate buying of the stock. Typically, index inclusion could take 3 – 12 months. However, new rules could accelerate that timeframe.
Estimates suggest that inclusion in the Nasdaq & S&P 500 could result +$50 billion in stock purchases after the IPO. That type of activity would support the share price in the open market. And it could send the price jumping once it starts trading.
That’s why I’m buying shares before the IPO.
Here’s how to claim your take right now.
Ian Wyatt