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I saw that one wealthy individual had purchased $1 billion of SpaceX at the IPO. Does that count as a retail investor?
by jtbayly 4mo ago
I saw that one wealthy individual had purchased $1 billion of SpaceX at the IPO. Does that count as a retail investor?
- andsoitis 4mo ago> I saw that one wealthy individual had purchased $1 billion of SpaceX at the IPO. Does that count as a retail investor? There were two individuals who each bought $1B: Ron Baron and Gina Rinehart. While they are individuals, they executed these billion-dollar investments through their massive corporate entities and investment firms, rather than personal brokerage accounts. A retain investor is an individual, non-professional investor who buys and sells securities through brokerages using personal funds.