What Happened
Institutions Prepare For Largest IPO In History With System Overhauls
As SpaceX prepares for its highly anticipated IPO, Wall Street institutions are working behind the scenes to ensure their systems can handle the expected high demand. S&P Global’s Equity Bookbuild group and Depository Trust & Clearing Corp. are among those expanding their infrastructure to support the IPO, which could become the largest in history. The preparations are underway ahead of SpaceX’s trading debut, as reported by Bloomberg.