By Admin 
SpaceX IPO: These days, if any IPO is in the news the most, it is the IPO of Elon Musk’s company SpaceX. Which has not even joined the world of IPO at present. But the excitement of investors regarding this is also very high. After the listing of this company in the stock market, many investors sitting in India can become shareholders in SpaceX. However, the biggest question in the minds of Indian investors is whether they can also buy shares of this company and if yes, then how?
Will we be able to invest in SpaceX IPO sitting in India?
Indian investors can invest in shares of foreign companies, but it is not easy to apply directly for the IPO of an American company. Under the rules of the Liberalized Remittance Scheme (LRS) of the Reserve Bank of India (RBI), Indian citizens can send a maximum of $ 2.5 lakh (about Rs 2.4 crore) for investment abroad in a financial year.
Also read: RBI: Paper notes will be banned from June 30, will RBI bring plastic currency? Know what the government said
How can you invest?
If in future a company like SpaceX gets included in the stock market list, then Indian investors can send this amount abroad by converting rupees into dollars through their international brokerage app. After this, the company’s shares can be purchased from the open market after trading starts on NASDAQ. This means that instead of buying shares directly in the IPO, Indian investors can take a stake in the company by buying its shares when it starts trading in the US stock market after listing.
Keep these things in mind before investing
If you are also going to invest in SpaceX, then you will have to keep these main things in mind. Because the valuation of SpaceX is considered very high. In such a situation, huge fluctuations can be seen in the shares after IPO. The company is still investing on a large scale and there is uncertainty about future profits. Experts believe that one should not invest just out of excitement but decide to invest only after understanding the risks.
Also read: Petrol-Diesel Price: Will the prices of petrol and diesel not increase for 78 days? Government will spend Rs 1.23 lakh crore on fuel
Let us tell you that at present the IPO of Elon Musk’s company SpaceX has not come in the stock market. According to reports, the company is preparing to raise $75 billion at a valuation of about $1.75 trillion, which could be the largest IPO in history. Due to which there is a lot of excitement among the people regarding this. This company is growing rapidly in the field of rocket launch, satellite internet service Starlink and space technology. This is also a big reason why many investors are waiting for its possible IPO.