Live Q&A: How Risky Is the Pre-IPO Rush Into SpaceX and OpenAI?

There is a rush to invest in the world’s fastest-growing private companies — like SpaceX, OpenAI, Anduril and Anthropic — before they go public, despite legal and financial risks. Investors are flocking to products known as special purpose vehicles (SPVs) as a way to get exposure to the companies. Yet while SPVs are pitched as holding shares in these private firms, they often carry exorbitant fees and sometimes don't even hold any shares in the companies. To discuss the latest, Bloomberg’s Katie Greifeld speaks with Bailey Lipschultz, Anthony Hughes and Rebecca Torrence in a Live Q&A on Wednesday, March 25 at 11:30 a.m. EDT. While anyone can listen, Bloomberg digital subscribers and Terminal clients have the exclusive opportunity to ask our team questions to answer in real-time. This conversation will be recorded and made available.