There is a fine line between guiding a market and manipulating it.
SpaceX today:
What were the big banks doing between 2:30pm and 5pm London time?
Making it smooth? Market making to justify a high valuation?
Trading between themselves?
This is not a free market; it’s market guidance by banks paid $1b by SpaceX (1)
[…] This is not a free market; it’s market guidance by banks paid $1b by SpaceX (1) […]