💼 Business 10h ago · Jason Ma

SpaceX’s IPO will also be a massive selling event triggering big price dislocations across the stock market as investors dump shares to buy SPCX

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SpaceX’s IPO will also be a massive selling event triggering big price dislocations across the stock market as investors dump shares to buy SPCX
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The largest initial public offering ever is just days away, and demand for SpaceX stock is expected to be extremely high, with Wall Street clamoring to buy Elon Musk’s rocket and satellite company.



The flip side of all that buying is plenty of selling as investors need to raise cash for stock purchases by liquidating other shares in their portfolios.



To be sure, IPOs are often accompanied by volatility. But Greg Boutle, head of U.S. equity derivative strategy at BNP Paribas, poi

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