SpaceX’s low-float stock as acquisition currency
Using newly public, retail-inflated, low-float equity to buy Cursor would let SpaceX acquire a real business while effectively selling into IPO demand before lockups expire
This is brilliant corporate finance. Use your newly printed, low float, retail inflated currency to acquire real businesses ahead of the lockup expiring. Probably the most creative/accretive way to sell as much equity as possible into IPO p