Typically IPOs have been off-limits to regular Americans.
They’ve long been the domain of the ultra-rich and connected.
But not any more.
Now, every American has a chance to buy into valuable private companies before they go public... For around $10 a share.
It’s all thanks to something called a SPAC, or Special Purpose Acquisition Company.
This program is available to all Americans through their regular brokerage accounts at firms like Robinhood, Charles Schwab, and TD Ameritrade.
In fact, SPACs shares are listed on the Nasdaq and the New York Stock Exchange.
It doesn't matter your occupation, age, or income level... If you have a brokerage account, you can buy SPACs.
Just like a big-shot hedge-fund manager.
In the last year or so, as the program has gained in popularity, SPACs have taken off.
Just last year, Draftkings' SPAC went up 634%.
Immunovant’s SPAC shares rose 430%.
And Virgin Galactic’s SPAC shares went up 266% just weeks after going public.
In fact, hedge fund legend
Whitney Tilson recommended shares in Virgin Galactic in December,
just before they took off.
It's returns like these that led Barron's to declare: "SPACs are booming on Wall Street."
In fact, the average return of a SPAC created in the final quarter of 2020 was 16% after just 30 days.
At one point, 231 consecutive SPACs went up on the first trading day...
But don't worry if you missed out on some of last year's big winners.
Because in this video Whitney Tilson will reveal the #1 SPAC of 2021…
"Right now there is a very short window of opportunity to buy into a future giant while it’s still private," Tilson says. "It could be gone in a matter of days."
Tune into this video for more information.
***Past performance is not a predictor of future results. All investing involves risk of loss and individual investments may vary. The examples provided may not be representative of typical results. Your capital is at risk when you invest — you can lose some or all of your money. Never risk more than you can afford to lose.