Wall Street is abuzz on Friday with Elon Musk’s trillion-dollar SpaceX (SPCX) IPO set to make history with a valuation of $1.77 trillion. Bloomberg reports that several venture capital firms, including the Founders Fund and Andreessen Horowitz, will net tens of billions of dollars from SpaceX’s public launch.
Morning Brief Host Julie Hyman is joined by Yahoo Finance Senior Reporter Pras Subramanian and Trustless Media Founder Zack Guzman to discuss the biggest winners from SpaceX’s IPO.
Timestamps
00:00 The biggest IPO winners
00:36 A $600M investment becomes $50B
01:05 Why passive funds matter
01:46 Should indexes buy SpaceX?
02:35 The float problem
03:10 When insiders can sell
03:59 Facebook IPO comparisons
04:47 Could SpaceX follow Tesla?
#spacex #ipo #venturecapital #elonmusk #stocks #investing #siliconvalley #markets #yahoofinance
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