SpaceX's Mega IPO Isn't Just A Stock Story— Strategists Say It Could Help Fund America's Deficit As Global Investors Pile In

The upcoming SpaceX IPO could impact the U.S. economy by potentially refinancing a portion of the country’s current account deficit in a single day.
Currency strategists at Commerzbank, led by Volkmar Baur, have studied the possible effects of SpaceX’s IPO, which is set to raise $75 billion at a $1.75 trillion valuation.
Foreign investors, who typically account for about 20% of U.S. stock ownership, with European investors making up roughly half of that share, are expected to be key participants in the offering, as per the strategists. Baur estimates that around 20% of the IPO proceeds, or approximately $15 billion of the $75 billion raise, could come from overseas investors on the first day of trading, as reported by MarketWatch On Wednesday.
With the U.S. current account deficit at $19