A second possibility: Deploying a program known as “limit order book building.” DoorDash and Airbnb both used it in establishing their listings. it’s where the institutional investors must show both the quantity of shares they want, and the price they’re willing to pay for them, as opposed to just asking for shares. That solution wouldn’t prevent all the underpricing by any means, but it would greatly curb the biggest expense to SpaceX.
ran on Indigo2...
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Extracts the repository owner (your GitHub username)