The SpaceX IPO could lead to 8% of America’s current-account deficit being refinanced in a single day
A remarkable back-of-the-envelope calculation from a currency strategist shows just how big SpaceX’s initial public offering could reverberate in global markets.
The SpaceX IPO could lead to 8% of America’s current-account deficit being refinanced in a single day
Overview
A remarkable back-of-the-envelope calculation from a currency strategist shows just how big SpaceX’s initial public offering could reverberate in global markets.
Source
Originally published at www.marketwatch.com.
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