Bill Ackman's SPARC Plan for SpaceX IPO

Billionaire investor Bill Ackman proposes a unique way for SpaceX to go public, using Pershing Squares SPARC structure. This method would give Tesla shareholders priority access to invest in SpaceX, bypassing traditional IPO processes. Ackman believes this approach would be cheaper, fairer, and faster, rewarding loyal Tesla investors. However, a standard IPO is more likely for SpaceX. Checkout Solipillow.comThe Daily News Now! — Every city. Every story. AI-powered. Hosted on Acast. See acast.com/privacy for more information.