SpaceX’s IPO success may rub off on Ambani’s listing of Jio Platforms
A string of mega-initial public offerings in the US shows there is no lack of demand for tech listings
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THE insatiable investor demand for Elon Musk’s SpaceX will be music to the ears of another billionaire half a world away.
In India, Mukesh Ambani’s digital empire is headed for an initial public offering expected to be the biggest in the nation’s history.
Until recently, the tycoon’s team may have wondered if the knock-on effects of the Iran war would choke the liquidity required for Jio Platforms’ IPO.
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