BlockBeats News, June 5th, Cryptocurrency entrepreneur and Bitcoin Treasury company ProCap CEO Anthony Pompliano said that SpaceX's IPO will be a watershed moment for Wall Street opening the door to retail investors.
Banks have been trying for years to figure out how to attract this group of capital, and SpaceX has provided them with the perfect asset to lure individual investors into its ecosystem.
Anthony stated, If the SpaceX IPO goes smoothly and individual investors profit, then the next few years will see banks enjoying a feast. Retail investors will pour a large amount of funds into funds, IPOs, and various financial instruments. If the IPO does not go well and individual investors lose money, then the relationship between institutions and retail investors will suffer a setback.
