CIBC launched the first Canadian Depository Receipt (CDR) that offers exposure to SpaceX on Friday — the same day that the American space, telecommunications and AI company went public. According to a CIBC prospectus, the Ontario Securities Commission (OSC) amended its CDR issuance standards on Tuesday, clearing the path for the financial institution to offer a CDR tied to the newly public SpaceX. “As expected, there was a lot of investor deman…
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SpaceX is heading to the stock market and investors are deciding whether to buy rockets, Starlink, artificial intelligence, or most importantly, faith in Elon Musk. Test yourself in the quiz.