Financial Highlights from the Recent Week You Should Know About:
- FINTECH: TikTok wants to offer credit in Brazil
TikTok wants to offer more than just memes and short-attention-span videos, the social media giant has sought approval from the Brazilian Central Bank to operate as a lending & payments fintech. - CAPITAL MARKETS: Anticipation for SpaceX IPO Renews Interest in Space
Anticipation for Elon Musk’s SpaceX IPO has garnered interest in the aerospace sector as a whole.
The SpaceX IPO could be the largest IPO in the world with a potential $75 billion in funding raised at a $1.75 trillion valuation. This would eclipse the current record holder, Saudi Aramco, which raised $29 billion in its listing.
According to sources, SpaceX has already confidentially filed for its upcoming listing. - CAPITAL MARKETS: India IPO’s Had a Record March
With the world pre-occupied with the US-Iran war, India had a record March for IPO’s.
30 companies filed prospectuses looking to raise a total of $6.3 billion.
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