What Happened
Wall Street Braces for Blockbuster Debut Amid Fears of Technical Glitches
As SpaceX prepares for its record-breaking $75 billion market debut, Wall Street traders, brokers, and exchanges are working to ensure their trading systems can handle the blockbuster IPO and avoid technical glitches. Financial firms have undergone weeks of preparation, with Nasdaq upgrading its infrastructure and conducting test runs to handle heavier volumes. The IPO’s success may have significant implications for the space industry and the broader market, according to Reuters.