SpaceX: Why Chinese investors have been banned from participating in the largest initial public offering in history
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SpaceX, billionaire Elon Musk's aerospace and artificial intelligence giant, has banned investors in Hong Kong and mainland China from buying its shares ahead of its IPO this Friday, June 12, a rare restriction that highlights how geopolitically sensitive the world's intricate financial markets have become.
SpaceX, billionaire Elon Musk's aerospace and artificial intelligence giant, has banned investors in Hong Kong and mainland China from buying its shares ahead of its IPO this Friday, June 12, a rare restriction that highlights how geopolitically sensitive the world's intricate financial markets have become. However, Chinese investors seem more than willing to make risky investments in cryptocurrencies supposedly backed by American companies to avoid missing out on the initial public offering (IPO) of the century.
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