SpaceX’s long-anticipated initial public offering (IPO) has drawn global attention from investors after reports that the private aerospace company has set a reference price of $135 per share.
The offering is expected to raise about $75 billion through the sale of more than 555 million shares, which marks one of the largest IPOs in history if fully completed.
The development has triggered interest from retail investors worldwide, including in Nigeria, where growing access to global stock markets is making it increasingly possible for individuals to gain exposure to high-profile U.S. listings such as SpaceX.
Nigerian investors’ interest has increased as they are exploring multiple routes to participate in the listing. Several digital investment platforms operating across Africa and global brokerage apps are expected to provide varying degrees of access.
Platforms such as Bamboo and Risevest allow Nigerian users to invest in US equities through partner brokerages, with access to IPOs
This post was originally published on this site.
