SpaceX Just Pulled Off the Largest IPO Ever. Here's Why Robinhood Might Be the R

Space Exploration Technologies (NASDAQ: SPCX) raised $85.7 billion in its initial public offering (IPO), the largest in history. Investors were agog in the run-

SpaceX Just Pulled Off the Largest IPO Ever. Here's Why Robinhood Might Be the R
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Space Exploration Technologies (NASDAQ: SPCX) raised $85.7 billion in its initial public offering (IPO), the largest in history. Investors were agog in the run-up as SpaceX priced its IPO at $135 per share, and then began trading on June 12 at $150, closing its first day at $160.95. The stock closed June 25 at $153.

It's been a bit of a roller coaster, but this IPO was the kind of rare corporate event that could turn passive brokerage-app users back into customers who added money to their accounts and maybe started to trade, and there's an interesting story here for Robinhood Markets (NASDAQ: HOOD).

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Before the IPO, retail investors had access to SpaceX shares via five channels: Fidelity Investments, E*TRADE from Morgan Stanley, Charles Schwab, SoFi Technologies, and Robinhood.

The unusually high retail access gave investors a reason to act. Robinhood users had to request shares through an eligible account, giv

Fuente original: Yahoo Finance (https://finance.yahoo.com/markets/stocks/articles/spacex-just-pulled-off-largest-024600017.html)

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