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The Economic Times
The Economic Times
Akash Podishetti

SpaceX to list today: Should Indian investors buy shares of Elon Musk's biggest bet after missing the IPO?

SpaceX Elon Musk IPO United States Vinit Bolinjkar Ishan Tanna Starlink Sunny Agrawal

Elon Musk-led SpaceX is set to make its stock market debut on Nasdaq on Friday after raising a record $75 billion in what is the largest IPO in history. The listing has generated robust investor interest globally. Demand reportedly touched nearly $250 billion as investors rushed to gain exposure to SpaceX's businesses spanning rocket launches, satellite internet, defence contracts and artificial intelligence.

For Indian investors, however, the IPO itself was largely out of reach. Unlike Indian public issues, US IPOs do not provide a direct allotment mechanism for Indian retail investors. The only practical route now is buying shares after listing through international investing platforms or GIFT City's NSE IX.

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