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Duke's Harvey on Why SpaceX’s IPO Could Distort Passive Flows

Shares of SpaceX appear ready to jump when they start trading on Friday after Elon Musk’s company made history with a $75 billion IPO that instantly turned it into one of the biggest public companies in the world. Early indications of buying interest on Nasdaq pointed to a roughly 30% jump from the shares’ offering price of $135. The stock is expected to officially start trading later Friday under the ticker SPCX. Campbell Harvey, Professor of Finance at Duke University's Fuqua School of Busine…

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BloombergLean L·1h ago
Duke's Harvey on Why SpaceX’s IPO Could Distort Passive Flows
Shares of SpaceX appear ready to jump when they start trading on Friday after Elon Musk’s company made history with a $75 billion IPO that instantly turned it into one of the biggest public companies in the world. Early indications of buying interest on Nasdaq pointed to a roughly 30% jump from the shares’ offering price of $135. The stock is expected to officially start trading later Friday under the ticker SPCX. Campbell Harvey, Professor of Finance at Duke University's Fuqua School of Busine…
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Duke's Harvey on Why SpaceX’s IPO Could Distort Passive Flows

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Duke's Harvey on Why SpaceX’s IPO Could Distort Passive Flows

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