A certified public accountant and tax adviser with over 40 years of experience working with wealthy clients wonders if he was lucky to receive a full allocation in SpaceX’s IPO through his financial adviser. The article highlights that investors typically receive only a small fraction of the shares they request, if any at all. The author defends the value of financial advisers against critics who view them as unnecessary costs. Since SpaceX, Elon Musk’s private company, is not publicly traded, access to its IPO was highly limited and selective.
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