On the one hand, SpaceX would “only” be raising 3% of its total market cap in a $50 billion offering. A typical underwriter argument is that the underpricing cost, in this case almost $10 billion, is small change for the benefit of collecting a stable, loyal base of institutional shareholders, and getting lot of sell-side research from the book runners and other brokerage firms that underwrote the offering.
10:24, 4 марта 2026Наука и техника
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