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SpaceX is scheduled to hold its Initial Public Offering (IPO) on Friday of the upcoming week.
Elon Musk has reserved approximately 30% of the SpaceX IPO float for retail clients.
SpaceX aims to raise $75 billion in its IPO by offering 555 million shares at a price of $135 per share.
The upcoming Initial Public Offering for SpaceX is targeting a market valuation of $1.8 trillion.
The upcoming Consumer Price Index (CPI) report could have a major impact on market expectations for the Federal Reserve's future actions.
The Nasdaq 100 index plans to include SpaceX just 15 trading days after its IPO.
The S&P has stated it will wait 12 months before allowing SpaceX to be included in its indices.
The different timelines for SpaceX's inclusion in the Nasdaq versus the S&P 500 will create a divergence between ETFs that track these indices, such as QQQ, SPY, and VOO.
SpaceX employees, poised to become millionaires from the company's IPO, are collectively organizing to negotiate lower fees and better terms from wealth management firms.
Liz Ann Sonders asserts that the youngest generation of investors is being inundated with a message that investing and gambling are essentially the same thing.
Charles Schwab, along with other firms, is considering launching prediction markets tied to financial events.
Gabriella Santos states that bonds are not effective at hedging against inflation shocks or supply-side shocks, though they can hedge against recession or demand-side shocks.