Everything on Capital Markets Innovation

Fractional share allocation mechanisms democratize IPO access while preserving primary issuance economics and reducing retail friction.

Impact: Brokerages and issuers can capture broader market participation and enhance liquidity without diluting institutional pricing structures.

— from SpaceX IPO Analysis: Market Impact and Investment Strategy · Deffner und Zschäpitz – Der Wirtschafts-Talk von WELT· Jun 13, 2026