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 (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
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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 (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 (Corrie Driebusch/Wall Street Journal)]()
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December 14, 2025
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