Can Indians invest in SpaceX's IPO? Should you consider it? Here's what a $10,000 investment could return
New Delhi, June 12 -- Elon Musk's SpaceX on Thursday, 11 June, launched the biggest-ever initial public offering (IPO) in the United States at $135 per share, quickly making the rocket company one of the world's most valuable companies. The listing raised a record $75 billion from 555.56 million shares, valuing SpaceX at a record $1.77 trillion.
In fact, the successful IPO is set to make Musk the world's first trillionaire, with his net worth estimated to reach over $1.1 trillion after US markets open on Friday, 12 June, largely driven by his stake in SpaceX.
Here's how you, as a common investor from India, could have a piece of the pie:
The short answer is yes. Indians can invest in US stocks directly or indirectly through ETFs or GIF...
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