Norrsken's Freimane on Bloomberg TV
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How family offices are investing in the final frontier beyond SpaceX
A version of this article first appeared in CNBC's Inside Wealth newsletter with Robert Frank, a weekly guide to the high-net-worth investor and consumer. Sign up to receive future editions, straight to your inbox. The investment firms of billionaires including ex-eBay President Jeff Skoll and AutoZone's Pitt Hyde are set to reap rewards from SpaceX's IPO this Friday.
China’s biotech industry sees global expansion as unstoppable, despite US pressure
China’s biotech firms are pressing ahead with global expansion, a trend industry insiders describe as “irreversible”, even as Washington rolls out investment restrictions and national security measures aimed at slowing their advance. “The US has erected numerous regulatory and non-tariff barriers for Chinese companies seeking to enter the American market,” said Zhang Jun, co-head of the global healthcare group at Chinese investment bank Citic Securities, at the Hong Kong Exchanges and...
Want to ‘flip’ SpaceX’s stock on the day of the IPO? Be prepared to pay the price.
A large portion of IPO shares will be allocated to retail investors, but they face penalties if they sell too soon.