Buckle Up: New Fund Will Let Regular Investors Buy SpaceX Stock

Buckle Up: New Fund Will Let Regular Investors Buy SpaceX Stock

After being merged with Elon Musk’s AI startup xAI, SpaceX is gearing up for a $1.25 trillion IPO — but since the entity is still currently private, it’s remained mostly out of reach of everyday investors. But Powerlaw Corp, a fund that owns stakes in buzzy and not-yet-public companies including SpaceX, OpenAI, and Anthropic, is giving retail traders an early taste of what could be in store for them. As Bloomberg reports, the $1.2 billion fund a…

Powerlaw Fund Files to List Shares of OpenAI, SpaceX

The fund is opting for a direct listing, which means, unlike a traditional IPO, it will sell existing shares by current stockholders.