Munro Partners and Plato Investment Management are among the few Australian growth funds to invest in Elon Musk’s SpaceX IPO while most of their rivals are sitting back until the world’s hottest stock becomes cheaper.
Nick Griffin, chief investment officer of the $9.1 billion money manager Munro Partners, said he was making a small investment in the rocket company, which is set to hit the boards in New York on Friday (Saturday AEST).
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