Corrie Driebusch / Wall Street Journal:

Stocks of private companies like OpenAI and SpaceX are being sold via invitation-only markets to the ultrawealthy before their IPOs, creating a two-tier system  —  The buzziest private companies are being sold to a select few as the universe of stocks everyone else can invest in shrinks rapidly

Corrie Driebusch / Wall Street Journal:

Stocks of private companies like OpenAI and SpaceX are being sold via invitation-only markets to the ultrawealthy before their IPOs, creating a two-tier system  —  The buzziest private companies are being sold to a select few as the universe of stocks everyone else can invest in shrinks rapidly

Source: TechMeme
Source Link: http://www.techmeme.com/251214/p15#a251214p15