SpaceX IPO: Indians queue up to invest more in US stocks (opens original article in a new tab)

Indian investors are increasingly buying US stocks, particularly SpaceX shares, following its public listing, with trading volumes rising significantly on stockbroking platforms. Regulatory support and growing interest in tech companies are driving this trend.

• Indian investors show increased interest in US stocks following SpaceX's IPO
• Trading volumes on platforms like Vested Finance and IndMoney surged 20-25% due to SpaceX stock purchases
• Regulatory frameworks in India allow up to $200,000 annual investment in foreign markets under LRS