The Inkunzi Wealth Group has described SpaceX’s listing on the Nasdaq Stock Exchange as very significant.
The Group’s CEO, Owen Nkomo says SpaceX is future focused and investors are bound to be attracted to it.
Shares in SpaceX have begun trading in New York and officially made South African-born tech entrepreneur – Elon Musk – the world’s first dollar trillionaire.
Nkomo says global markets are going to respond positively to Musk’s company.
“I don’t believe it’s going to affect global markets necessarily, but it just puts a rubber stamp saying that investors out there do have the money. They can put together $75 billion for listing of something that is very futuristic.”
“And if you think about it, so much of the stuff that’s been spoken about over the past five years in the AI space talks to the future more than it talks to the present. And SpaceX is a primary example of that. And I think that global markets are going to have a positive undertone once this listing goes through,” adds Nkomo. -Reporting by Kholofelo Teffo
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