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>SpaceX is one example - all the investment banks have first rights on new issues and even waving a respectable amount at them doesn't help. And it's too diffic
by dylanjermiah 11y ago
>SpaceX is one example - all the investment banks have first rights on new issues and even waving a respectable amount at them doesn't help. And it's too difficult to get a feel for whether you are getting a "fair deal" on second market so to me it's not really a viable option even though the service is good in theory.
Awesome, and frustrating, at the same time!
Elon addressed this in the shareholder meeting today/yesterday.
https://www.youtube.com/watch?v=Q60FOIV6Ew8 https://www.youtube.com/watch?v=Q60FOIV6Ew8
It's close to the end, during the Q&A.