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Pre Ipo

All articles tagged with #pre ipo

SpaceX pre-IPO bet goes bust as SPV sells stakes without notice
investing19 days ago

SpaceX pre-IPO bet goes bust as SPV sells stakes without notice

A retail investor who put $17,250 into a Late Stage Capital SPV to buy SpaceX pre-IPO shares thought he owned about 2,500 shares worth roughly $300,000 when SpaceX peaked in valuation, only to learn in 2024 that the SPV sold his stake for about $45,450 without notifying him. The Wall Street Journal reports about 100 other Late Stage Capital investors faced similar losses. The core issue is SPVs often own only a portion of a larger vehicle and don’t grant direct ownership of SpaceX stock, making distributions and notices depend on the SPV’s discretion. SPVs can be opaque and charge high fees, and industry warnings fromAnthropic/OpenAI highlight the risks for retail investors in private markets.

via finance.yahoo.com|
#investing#investing-risk#pre-ipo
Private markets go mainstream as Clear Street launches pre-IPO platform with Databricks
business28 days ago

Private markets go mainstream as Clear Street launches pre-IPO platform with Databricks

Clear Street launches a pre-IPO platform for accredited investors, starting with Databricks (valued at $188B) and plans to add up to 30 late-stage startups by year-end, offering private-market research led by Owen Lau and margin loans against pre-IPO stakes to increase transparency and access. The move mirrors Goldman Sachs’ expansion into private-company offerings; Clear Street paused its own IPO but remains financially strong and eyes a 2027 listing depending on market conditions.

via CNBC|
#business#clear-street#databricks
Shadow Market Reveals Private Bets on SpaceX and OpenAI Shares
business3 months ago

Shadow Market Reveals Private Bets on SpaceX and OpenAI Shares

An investigative piece exposes a murky private-share market where investors trade pre-IPO stakes in SpaceX and OpenAI via brokers and online platforms. Deals often come with opaque valuations, limited liquidity, and regulatory gray areas, raising risks of illiquidity, misrepresentation and scams; buyers should beware that these shares may never become publicly tradable.

via Forbes|
#business#openai#pre-ipo
Defense Dept backs L3Harris with $1B for pre-IPO missile-motors unit
industries7 months ago

Defense Dept backs L3Harris with $1B for pre-IPO missile-motors unit

The Defense Department invested $1 billion in L3Harris via convertible preferred securities that will convert into common stock in an IPO planned for the second half of 2026, creating a majority-owned missile-solutions unit with the government as an anchor investor but no board seats. The move aims to expand U.S. missile capacity, and L3Harris stock rose toward record closes amid a broader defense-focused rally, though congressional approval could be required for the government stake.

via MarketWatch|
#arsenal-of-freedom#defense-department#industries